Single Answer MCQ
Q-00045441

What can be a consequence of failing to repay a loan?

1

Gaining additional profits

2

Being forced to sell assets

3

Receiving a tax rebate

4

Accessing more credit

Answer and Solution

Answer

B. Being forced to sell assets

Solution:

Not repaying a loan can lead to selling assets, like land, to cover debts, which is what Swapna experienced.

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