Answer:
This
statement is true if we take the example of a small farmer who has taken a loan
to meet cultivation expenses.
In case the crop fails due to inadequate rain, pest attack or any other
reason, he will not be able to repay the loan and may have to sell part of his
land for repaying the loan. Thus, this situation is a high risk situation,
depending entirely on a good crop.
You need to login to perform this action.
You will be redirected in
3 sec