Question

18. Which of the following statements is TRUE?
(a) 85% of loans taken by poor households are from
informal sources.
(b) 10% of loans taken by rich are from formal
sources.
(c) The poor households avail cheap credit from
formal lenders.
(d) The rich have to pay a heavy price for borrowing.​

Answer 1

Answer:

(a) answer

Explanation:

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