CBSE Class 10 Social Science 2016 Term 2 Set 3 Outside Delhi Paper

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Question : 3 of 9
 
Marks: +1, -0
Why are most of the poor households deprived from the formal sector of loans?
Solution:
They are deprived from the formal sector of loans because of :
(i) Lack of collateral
(ii) They are illitrate.
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