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प्रश्न
__________is an asset that the borrower owns and uses as a guarantee until the loan is repaid to the lender.
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उत्तर
Collateral is an asset that the borrower owns and uses as a guarantee until the loan is repaid to the lender.
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संबंधित प्रश्न
Why is the supervision of the functioning of formal sources of loans necessary?
"Deposits with the banks are beneficial to the depositors as well as to the nation." Explain the statement
How can the formal sector loans be made beneficial for poor farmers and workers? Suggest any five measures.
What is the basic idea behind the SHGs for the poor? Explain in your own words.
Manav needs a loan to set up a small business. On what basis will Manav decide whether to borrow from the bank or the moneylender? Discuss.
In India, about 80 per cent of farmers are small farmers, who need credit for cultivation.
Suggest some ways by which small farmers can get cheap credit.
Formal Sources of Credit Does Not Include
In a SHG, most of the decisions regarding savings and loan activities are taken by ______.
How can more employment be created in agriculture sector alone ? Explain any three ways.
Answer the following question.
Explain the importance of 'collateral'.
