Question

what is debt trap??? explain with an examples.
internet answers will be reported!!!

Answer 1

It is the situation when borrower is unable to pay previous loan and he takes new loan. This is called Debt Trap.
Ex= Ram has taken loan to pay fee of his son and he is unable to pay that loan and takes 2nd loan to pay fee.
In situation of debt trap, recovery from loan is very painful.
I hope it will help you!!!

Answer 2

it is a situation in which a poor person falls in dept i.e he/she is not able to pay the interest rate or loans .
eg:- a lady/man takes loan from the village head and because she has to pay the hospital fee for her son/daughter she can't repay the loan and falls in a dept trap 

hope it helps!!!