Swapna, whose groundnut crop failed and whose debt grew, illustrates a:
ABank run
BOverdraft
CDebt trap
DWindfall
Answer & Solution
Correct answer: C. Debt trap
1. She borrowed from a moneylender.
2. Crop failure pushed her into a debt trap.
3. She sold land to repay.
_Source: syllabus Understanding Economic Development, Chapter 3, Money and Credit._
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