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Byju's Answer
Standard XII
Accountancy
Categories of Cash Flow Statement
Moneylenders ...
Question
Moneylenders readily loan money to street vendors to charge a heavy interest.
A
False
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B
True
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Solution
The correct option is
B
True
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Similar questions
Q.
How is the government making the right to earn of street vendors easy?
Q.
Why do street vendors take loans from moneylenders and not from banks?
Q.
Which Act was enacted in 2014 to safeguard the interests of street vendors?
Q.
Under the Paavala Vaddi scheme, self-help groups charge
as interest for every 100 rupees, while moneylenders charge
as interest.
Q.
Small and medium farmers are forced to borrow money from moneylenders, traders, millers etc because ___________________.
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