ANSWEI
1. What are the functions of money lenders?
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50
Answer:
Hi☺️
Explanation:
(1) The main function of moneylenders is to give short-term loans. Loans may be given for consumption purposes, to meet social and religious obligations or the needs of farmers for seeds, cattle, fertilisers, etc. (2) Loans are generally given on the personal security of borrowers.
Answered by
31
ANSWER:-
- The main function of moneylenders is to give short-term loans. Loans may be given for consumption purposes, to meet social and religious obligations or the needs of farmers for seeds, cattle, fertilisers, etc.
- Loans are generally given on the personal security of borrowers.
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