What are the reasons why the banks might not be willing to lend to certain borrowers?
The banks might not be willing to lend certain borrowers due to the following reasons:
- A few people fail to provide the required set of documents to get a loan.
- There are some people who have not repaid pervious loans. Such borrowers are come in the defaulters list. Banks might not be willing to lend them further.
- The banks might not be willing to lend entrepreneurs who are going to invest in the business with high risks.
- The banks might not be willing to lend those people who earn irregular incomes or have no fixed salary because in such cases chances of repayment of the loan are very less.
Popular Questions of Class 10 Social Science - Understanding Economic Development
- Q:-
The following table shows the proportion of adults (aged 15-49 years) whose BMI
is below normal (BMI <18.5 kg/m2) in India. It is based on a survey of various
states for the year 2015-16. Look at the table and answer the following questions.(i) Compare the nutritional level of people in Kerala and Madhya Pradesh.
(ii) Can you guess why around one-fifth of people in the country are undernourished even though it is argued that there is enough food in the country? Describe in your own words. - Q:-
Explain how public sector contributes to the economic development of a nation.
- Q:-
Workers are exploited in the unorganised sector. Do you agree with this view? Give reasons in support of your answer.
- Q:-
“Tertiary sector is not playing any significant role in the development of Indian
economy.” Do you agree? Give reasons in support of your answer. - Q:-
For each of the sectors that we came across in this chapter why should one focus on employment and GDP? Could there be other issues which should be examined? Discuss.
- Q:-
Why is the issue of sustainability important for development?
- Q:-
For each of the items given in Table 1.6, find out which country is at the top and
which is at the bottom. - Q:-
Critically examine the progress of the consumer movement in India?
- Q:-
Distinguish between open unemployment and disguised unemployment.
- Q:-
Fill in the blanks using the correct option given in the bracket:
(i) Employment in the service sector _________ increased to the same extent as production. (has / has not)
(ii) Workers in the _________ sector do not produce goods. (tertiary agricultural) (iii) Most of the workers in the _________ sector enjoy job security. (organised / unorganised)
(iv) A _________ proportion of labourers in India are working in the unorganised sector. (large / small)
(v) Cotton is a _________ product and cloth is a _________ product. (natural / manufactured)
(vi) The activities in primary, secondary and tertiary sectors are _________. (independent / interdependent)
Recently Viewed Questions of Class 10 Social Science - Understanding Economic Development
- Q:-
The following table shows the proportion of adults (aged 15-49 years) whose BMI
is below normal (BMI <18.5 kg/m2) in India. It is based on a survey of various
states for the year 2015-16. Look at the table and answer the following questions.(i) Compare the nutritional level of people in Kerala and Madhya Pradesh.
(ii) Can you guess why around one-fifth of people in the country are undernourished even though it is argued that there is enough food in the country? Describe in your own words. - Q:-
For each of the items given in Table 1.6, find out which country is at the top and
which is at the bottom. - Q:-
Globalisation will continue in the future. Can you imagine what the world would be like twenty years from now? Give reasons for your answer.
- Q:-
Match the following.
(i) MNCs buy at cheap rates from small producers
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Automobiles
(ii) Quotas and taxes on imports are used to regulate trade
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Garments, footwear, sports items
(iii) Indian companies who have invested abroad
(c) Call centres
(iv) IT helped in spreading of production of services
(d) Tata Motors, Infosys, Ranbaxy
(v) Several MNCs have invested in setting up factories in India for production
(e) Trade barriers
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- Q:-
What is the rationale behind the enactment of Consumer Protection Act 1986?
- Q:-
Manav needs a loan to set up a small business. On what basis will Manav decide whether to borrow from the bank or the moneylender? Discuss.
- Q:-
In India, about 80 percent of farmers are small farmers, who need cultivation.
(a) Why might banks be unwilling to lend to small farmers? (b) What are the other sources from which the small farmers can borrow? (c) Explain with an example of how the terms of credit can be unfavorable for the small farmer.
(d) Suggest some ways by which small farmers can get cheap credit. - Q:-
Fill in the blanks.
Indian buyers have a greater choice of goods than they did two decades back. This is closely associated with the process of ______________. Markets in India are selling goods produced in many other countries. This means there is increasing ______________ with other countries. Moreover, the rising number of brands that we see in the markets might be produced by MNCs in India. MNCs are investing in India because _____________. While consumers have more choices in the market, the effect of rising _______________ and ______________has meant greater ________________among the producers. - Q:-
In situations with high risks, credit might create further problems for the borrower. Explain?
- Q:-
Which of the following neighbouring countries has better performance in terms of
human development than India?
(i) Bangladesh
(ii) Sri Lanka
(iii) Nepal
(iv) Pakistan
- NCERT Chapter