Every loan creates a ________ . (credit / deposit / profit / loss), Fill in the blank with appropriate alternative given in the bracket.
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credit is the answer of the first blank
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Answer:
In this question,
Every loan creates a CREDIT.
Hence, the correct option will be CREDIT
The loan is the amount which the people borrows(generally a bank) and pays back to the lender with interest charge on it. People generally take a loan to buy a house, car or invest in the company, farmers take a loan to buy fertilizers, machines, etc.
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