UPSC CDS 2 2022 GK Paper

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Question : 67 of 120

Marks: +1, -0

Which one of the following statements about a borrower from a Microfinance Company is not correct?

The borrower should not have annual income beyond a limit.
The borrower should not seek loan amount beyond a limit.
The borrower should not refuse to offer a collateral.
The borrower should not refuse to pay any rate of interest offered.

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