Economy, asked by prakarshadasroy, 9 months ago

why getting Loan at cheap rate of interest is important in village Palampur​

Answers

Answered by neenu13
1

Answer:

getting Loan at cheap rate of interest is important in village Palampur because they are poor and cannot afford high interest rate

Answered by komall2506
0

Answer:getting loans at cheap rate is important

Explanation: in palampur most of the people are engaged in agricultural activities. due to green revolution there is increase in productivity so in desire of having a great productivity everyone goes for it. fertilizers, HIV seeds and many more things are at high rate so they are supposed to take loans.

getting loan at cheap rate is the basic requirement and importnat.

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