Q6 of 38 Page 47

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Over the years, Rama’s debt

Over the years, Rama’s debt will rise because we know that time to time the amount keeps increasing by summing up the interest rate and late fee.

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4

Why will Arun have a higher income from cultivation compared to Shyamal?

 5

Can everyone in Sonpur get credit at a cheap rate? Who are the people who can?

 6

Tick the correct answer.

Arun is one of the few people in Sonpur to take a bank loan because

 7

Talk to some people to find out the credit arrangement that exists in your area. Record your conversation. Note the differences in the terms of credit across people.