Start learning →

Interest rate, collateral, documentation and mode of repayment together form the:

ATerms of credit
BMoney supply rules
CDebt trap cycle
DBank balance sheet
Answer & Solution
Correct answer: A. Terms of credit
1. They vary from one arrangement to another. 2. These are the terms of credit. 3. They depend on lender and borrower. _Source: syllabus Understanding Economic Development, Chapter 3, Money and Credit._
Practise this question with Quill — UPSC CSE →

Keep practising Indian Economy

Browse all Indian Economy questions for UPSC CSE, or explore more Economics topics.

Start a Indian Economy lesson →
Related questions
Consumer rights bingoType the numberSort laws, courts and marksRight or markSlice the consumer wordsRun the consumer timelinePop the quality marksCatch the consumer rights