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Social Science · 2022 · 2 marks
CBSE 2022 · Region 3 · Set 1 · Q4
Analyse the situation in which credit pushes the borrower into a situation from which recovery is painful.
Analyse the situation in which credit pushes the borrower into a situation from which recovery is painful.
Marking-scheme solution
(i) Sometimes due to crop failure loan repayment is difficult.
(ii) One has to sell part of the land to repay the loan.
(iii) Credit, instead of helping leads to worsening the condition of the borrower.
(iv) Push the borrower in debt-trap.
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CBSE Class 10 Social Science past-paper question from the 2022 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.