Question

Swapna, a small farmer, grows groundnut on her three acres of land. She takes a loan from the moneylender
to meet the expenses of cultivation, hoping that her harvest would help repay the loan. Midway through
the season the crop is hit by pests and the crop fails. Though Swapna sprays her crops with expensive pesticides,
it makes little difference. She is unable to repay the moneylender and the debt grows over the year into a large
amount. Next year, Swapna takes a fresh loan for cultivation. It is a normal crop this year. But the earnings are not
enough to cover the old loan. She is caught in debt. She has to sell a part of the land to pay off the debt.

26.1 The passage given above relates to which of the following options
(a) Collateral Credit
(b) Credit recovery is very painful
(c) Failure of Crops
(d) Credit is somewhere beneficial
26.2 According to the passage Swapna faced which of the following options:
(a) The crop is hit by pests and the crop fails
(b) She had to sell a part of the land to pay off the debt
(c) Credit left her worse off
(d) All of the above
26.3 It refers to an agreement in which the lender supplies the borrower with money, goods or services in
return for the promise of future payment
(a) Terms and Credit
(b) Credit
(c) Depositor
(d) Borrower
26.4 The above passage is an example of
(a) Collateral
(b) Debt Trap
(c) Credit plays a vital and positive role
(d) None of the above

Answer 1

Answer:

Global Warming and Climate Change

Pollution of air, land and water through excessive deforestation, irialization and overfilling landfills which emits CO2 and adds to greenhouse gas emissions are all topmost causes of these environmental issues.

Explanation:

on her three acres of land. She takes a loan from the moneylender

to meet the expenses of cultivation, hoping that her harvest would help repay the loan. Midway through

the season the crop is hit by pests and the crop fails. Though Swapna sprays her crops with expensive pesticides,

it makes little difference. She is unable to repay the moneylender and the debt grows over the year into a large

amount. Next year, Swapna takes a fresh loan for cultivation. It is a normal crop this year. But the earnings are not

enough to cover the old loan. She is caught in debt. She has to sell a part of the land to pay off the debt.

26.1 The passage given above relates to which of the following options

(a) Collateral Credit

(b) Credit recovery is very painful

(c) Failure of Crops

(d) Credit is somewhere beneficial

26.2 According to the passage Swapna faced which of the following options:

(a) The crop is hit by pests and the crop fails

(b) She had to sell a part of the land to pay off the debt

(c) Credit left her worse off

(d) All of the above

26.3 It refers to an agreement in which the lender supplies the borrower with money, goods or services in

return for the promise of future payment

(a) Terms and Credit

(b) Credit

(c) Depositor

(d) Borrower

26.4 The above passage is an example of

(a) Collateral

(b) Debt Trap

(c) Credit plays a vital and positive role

(d) None of the above