Question

Read the following passage carefully and answer the given questions. Certain words/phrases are given in bold to help you locate them while answering some of the questions.
Which of the following, according to the author, has/have been responsible for the encouragement of the culture of debt in the society lately?
A. The changing lifestyle which makes it impossible for a common man to sustain himself without debts and loan.
B. Breaking down of moral institutions which supported economic prudence.
C. Provision for easy availability of loans to every section of the society regardless of their ability to repay these.

• A. Only A
• B. Only B
• C. A and C
• D. B and C
• E. None of these.

Answer 1

The correct option is B Only B

Breaking down of moral institutions which supported economic prudence has been responsible for the encouragement of the culture of debt in the society lately.