Question

What is Indebtedness? What are the causes responsible for Indebtedness?

Answer 1

"Indebtedness is a term which is used to define loan or money taken by people in difficult situations and now has the inability to pay the same.

There are many causes behind indebtedness which are as follows:

• Poverty is one of the main reasons behind indebtedness.

• Rural people believe in litigation so it also becomes a main cause.

• Agriculture backwardness

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