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Q.

 __________ gives loans to the poor with out any security?


 

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a

Bank officials

b

Credit cards

c

Money lenders

d

Friends

answer is C.

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Detailed Solution

Ans: C

Explanation: 

Informal lenders such as moneylenders, on the other hand, know the borrowers personally and hence are often willing to give a loan without collateral.


 

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