Home
Class 10
POLITICAL SCIENCE
Why do you think that the share of forma...

Why do you think that the share of formal sector credit is higher for the richer households compared to the poorer households?

Text Solution

Verified by Experts

The share of formal sector credit is undoubtedly higher for the richer household compared to the poorer household because formal sector requires proper documents and collateral as security against loan. Poor people are illiterate, so they lack in providing such things which affect their capacity to borrow.
Secondly, they do not repay the loan on time. Thus, the formal sector is unwilling to lend to poor household.
Promotional Banner

Similar Questions

Explore conceptually related problems

Why do you think the zygote is dormant for sometime in a fertilized ovule?

Which do you think are the most poetic lines? Why?

Recommended Questions
  1. Why do you think that the share of formal sector credit is higher for ...

    Text Solution

    |

  2. संक्रमण तत्व विभन्न ऑक्सीकरण अवस्थाएँ क्यों प्रदर्शित करते हैं?

    Text Solution

    |

  3. की-स्टोन प्रजातियों से आप क्या समझते है ? उदाहरण सहित समझाइए |

    Text Solution

    |

  4. जैव-विकास से आप क्या समझते है? संयोजन कड़ियों के प्रमाण से इसको स्पष्ट ...

    Text Solution

    |

  5. संयोजी कड़ी एव लुप्त कड़ी से आप क्या समझते है?

    Text Solution

    |

  6. जीवात जीवोत्पत्ति से आप क्या समझते है? जीवन की उत्पति के संबंधन में लु...

    Text Solution

    |

  7. संयोजक कड़ी से आप क्या समझते है? उस जीवश्म जंतु का नाम बताइए जो प्रमाणि...

    Text Solution

    |

  8. प्रदूषण से आप क्या समझते है । यह कितने प्रकार का होता है। वायु प्रदूष...

    Text Solution

    |

  9. जल प्रदूषण से आप क्या समझते है ? जल प्रदूषण के कारणो तथा मानव स्वास्थ...

    Text Solution

    |