What prevents the poor from getting bank loans-Complexity of procedure-Absence of collateral-High rates of interest-None of these-

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Indian Rural Credit

What prevents...

Question

What prevents the poor from getting bank loans?

Complexity of procedure

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Absence of collateral

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

High rates of interest

No worries! We‘ve got your back. Try BYJU‘S free classes today!

None of these

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

Suggest Corrections

Similar questions

What prevents the poor from getting bank loans?

Which is a major reason that prevents the poor from getting loans from banks?

Join BYJU'S Learning Program