10th Class Social Science Money and Credit

  • question_answer 1) Why will Anm have a higher income from cultivation compared to Shyamal?  

    Answer:

    Arun gets a loan from the commercial bank at a rate of interest 8.5% per annum, while Shyamal gets loans from a village moneylender al an interest rate of 5% per month (i.e., 60% per annum). Arun has the capacity to pay bank loans as compared to Shyamal and gets a fresh loan in next three years. Like Shyamal he is not bound to sell his produce to the moneylenders who give a low price. He can sell his produce at market rates.  

More Questions

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37

adversite


You need to login to perform this action.
You will be redirected in 3 sec spinner

Free
Videos