1.

Most of the agricultural labourers like Mohan depend upon loans from informal sector. Which of the following statements about this sector is correct – A. There are govt. bodies to supervise informal sector B. Money lenders ask for a reasonable rate of interest C. Cost of informal loans to the borrower is quite highD. Money lenders use fair means to get their money back

Answer»

C. Cost of informal loans to the borrower is quite high



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