10th Class Social Science Money and Credit Question Bank 10th CBSE Social Science Money and Credit

  • question_answer
      Why do informal sectors charge interest rate with their own risk?

    Answer:

                      There is no organisation which supervises the credit activities of lenders in the informal sector. Therefore, they lend at whatever interest rate they choose. No one stops them from using unfair means to get their money back.


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