Economy, asked by ISHaan1888, 10 months ago

what dept trap? mention any 2 factors responsible for the dept trap

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Answered by gulianidhi123

Answer:

not sure about the answer

Answered by faria0816

Mention any two factors responsible for the debt trap. (i)Paper notes, coins and demand deposits are the modern forms money. (ii) The Reserve Bank of India (RBI). (iii) It is situation which pushes the borrower into a situation from which recovery is very painful

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