Question

5. Can everyone in Sonpur get credit at a cheap rate? Who are the people who
6. Tick the correct answer.
(i) Over the years, Rama's debt
will rise.
will remain constant.
will decline.
(ii) Arun is one of the few people in Sonpur to take a bank loan because
other people in the village prefer to borrow from the moneylenders.
banks demand collateral which everyone cannot provide.
interest rate on bank loans is same as the interest rate charged by
the traders.
7. Talk to some people to find out the credit arrangements that exist in your area
your conversation. Note the differences in the terms of credit across people
MONEY AND CREO​

Answer 1

I think its 2 one mark me branliest plssssss