ऋणदाता ऋण देते वक्त ऋणाधार क्यों मांगता है तीन कारण बताइए
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The Prime Minister is appointed by the President, who also appoints other ministers on the advice of Prime Minister. The Council is collectively responsible to the Lok Sabha
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(i) It acts as a proof that a loan has been taken from the lender.
(ii) It secures the lender in case the borrower do not return the money with interest.
(iii) The collateral helps the lender in getting back his money with interest.
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