Question

Explain the term 'debt-trap'. Why is it more rampant in rural areas? Give 2 reasons.

Answer 1

debt trap means if a farmer has taken 2 or more debt from landlord or jamindars and he is unable to repay the money. then the farmer is in debt trap.
it's more in rural areas because
1) there is no banking loan facilities in rural areas
2) they have no collateral in form of guarantee to repay the loan.
HOPE THIS WILL HELP YOU

Answer 2

Answer:

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