Question

Amrita is a government employee and belongs to a rich urban household whereas Rani works as a helper on a construction site and comes from a poor rural household.Both have a crisis at home and wish to take loan. Create a list of arguments explaining who between the two would successfully be able to get the loan from a formal source. Why?

Answer 1

Amrita can take loan family from the banks beacouse she has Collateral to give bank and pro property paper

Answer 2

Rani will be able to get the loan from a formal source because she belongs to poor rural area. Government provided special privileges to the people who are poor i. e. Banks should give loans to poor quickly and at low wedges. So she would successfully be able to get the loan from a formal source.
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