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Question Practice

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

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 10
Social Science
Understanding Economic Development
MONEY AND CREDIT
Question Bank

What can be a direct consequen...

Single Answer MCQ
Q-00015885

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

1

Working with better suppliers

2

Increased social status

3

Loss of collateral

4

Improved credit terms

Previous QuestionNext Question
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Q4.

Which of the following is NOT considered modern money?

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