1.

Fill in the blanks: (i) Majority of the credit needs of the __________households are met from informal 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 until the loan is repaid to the lender.

Answer»

Fill in the blanks:


(i) Majority of the credit needs of the __________households are met from informal 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 until the loan is repaid to the lender.



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