Fill in the blanks:(i) Majority of the credit needs of the __________households are met frominformal sources.(ii) __________costs of borrowing increase the debt-burden.(iii) __________issues currency notes on behalf of the Central Government.(iv) Banks charge a higher interest rate on loans than what they offer on__________.(v) __________is an asset that the borrower owns and uses as a guarantee untilthe loan is repaid to the lender.

Fill in the blanks:(i) Majority of the credit needs of the __________h

1.	Fill in the blanks:(i) Majority of the credit needs of the __________households are met frominformal sources.(ii) __________costs of borrowing increase the debt-burden.(iii) __________issues currency notes on behalf of the Central Government.(iv) Banks charge a higher interest rate on loans than what they offer on__________.(v) __________is an asset that the borrower owns and uses as a guarantee untilthe loan is repaid to the lender.
Answer» Answer : (i) Majority of the credit needs of the poor households are met from informal sources. (ii) High costs of borrowing increase the debt-burden. (iii) Reserve Bank of India issues currency notes on behalf of the Central Government. (iv) Banks charge a higher interest rate on loans than what they offer on deposits. (v) Collateral is an asset that the borrower owns and uses as a guarantee until the loan is repaid to the lender.

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