Social Sciences, asked by Krisha2603, 9 months ago

What is the role of money lender ​

Answers

Answered by Aryan257553
1

*The main function of moneylenders is to give short-term loans. Loans may be given for consumption purposes, to meet social and religious obligations or the needs of farmers for seeds, cattle, fertilisers, etc. (2) Loans are generally given on the personal security of borrowers.

Answered by sweetyhema757
1

Answer:

The functions of moneylenders are:

(1) The main function of moneylenders is to give short-term loans. Loans may be given for consumption purposes, to meet social and religious obligations or the needs of farmers for seeds, cattle, fertilisers, etc. (2) Loans are generally given on the personal security of borrowers.

Explanation:

Similar questions