Answer:
Manav
will decide whether to borrow from a bank or moneylender on the basis of the
following loan terms
(i) The collateral and documentation
required, he should be able to make these available.
(ii) The rate of interest to be charged from him.
(iii) The mode of repayment, its periodicity, in cash / kind,
etc.
(iv) The penalty in case of default in repayment.
You need to login to perform this action.
You will be redirected in
3 sec