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.
According to the passage, which of the following was not an effect of providing loans and credit to the customers?
A. The non-creditworthy people defaulted.
B. People bought new products which were not needed.
C. Poverty became non-existent.

• A. Only A
• B. Only B
• C. A and B
• D. B and C
• E. Only C

Answer 1

The correct option is E Only C

'Poverty became non-existent' was not an effect of providing loans and credits to the customers.