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CBSE Class 10 Answered

1. What is 'debt-trap?  
Asked by himanshi.updel | 15 Oct, 2018, 06:22: PM
answered-by-expert Expert Answer

The farmers take crop loans at the beginning of the season and repay the loan after harvest. When the farmer’s income is not sufficient to repay the credit or fail to repay the credit, then the part of a land is sold to repay the credit. It is a situation called debt-trap.  

Answered by Tharageswari S | 17 Oct, 2018, 09:06: AM

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