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Define, debt - traps ......... |
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Answer» Thnx anushka Ya, honey and shashikant r ryt A situation in which borrower after taking a loan, is unable to repay the loan then this situation is called debt-trap. When a person is unable to recover his loan that he had taken from borrowers ,then that condition of the person is defined as debt traps .It is very difficult 4 a person to get out of the debt trap especially poor farmers |
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