Question

On what terms did savita get a loan from tajpal singh?

Answer 1

Answer:

Savita, a small farmer in order to cultivate wheat on her 1 hectare of land decides to borrow money from tejpal Singh, a large farmer

Tejpal Singh agreed to give the loan to savita at an interest rate of 24 percent for 4 months, which is a very high interest rate.

Savita also has to promise to work on his field as farm labourer during the harvest season at RS 100 per day.

Answer 2

Answer:

Savita, a small farmer, in order to cultivate wheat on her 1 hectare of land, decides to borrow money from Tejpal Singh a large farmer on the following terms — (i)Tejpal Singh agrees to give Savita the loan at an interest rate of 24 per cent for four months which is a very high interest rate.