Description : If in an election to a state Legislative Assembly, the candidate who is declared elected loses his deposit, it means that? (1) The polling was very poor (2) The election was for a multi- ... over his nearest rival was very marginal. (4) A very large number of candidates contested the election.
Last Answer : (1) The polling was very poor Explanation: A candidate loses his deposit only when he is polled less than 1/6th of votes. It can only be possible when a very large number of candidates contested the elections.
Description : MUDRA Bank has been launched to help - (1) Small business (2) Marginal farmers (3) Poor women (4) Rural sector
Last Answer : (1) Small business Explanation: Micro Units Development and Refinance Agency Bank (or MUDRA Bank)is a new institution setup by the Government of India to provide the funding to the non-corporate ... services to small entrepreneurs outside the service area of regular banks, by using last mile agents.
Description : MUDRA Bank has been launched to help (1) Small business (2) Marginal farmers (3) Poor women (4) Rural sector
Last Answer : Small business
Description : How do you refinance mortgage w/ bad credit now after finances change do to lost of job 2 years ago. found knew job about 3 month after but pays less.Asked about modification w/mortgage company said they don't participate. ?
Last Answer : Just because your mortgage company say they don't refinance does not mean you should stop. Make a list of the places that do participate and apply there to see if you can get the help you need.
Description : How does having bad credit affect my mortgage payments?
Last Answer : If you have bad credit you will not only have a hard time getting a loan, but you will be charged a higher APR. As a result, your mortgage payment will be higher than if you had good credit. If you ... of being denied a loan until bad debts are taken care of and even then you may have a higher rate.
Description : Can I get a Federal Housing Administration (FHA) mortgage if I have bad credit?
Last Answer : Federal Housing Administration guidelines require a minimum credit score of 620, two years since the last bankrupcy and three years since the last foreclosure. Individual lenders may have more strict requirements.
Description : Consult A Credit Score Chart When Getting A Mortgage?
Last Answer : Getting a mortgage is not something that takes just a few hours or a few days. There are many steps to the process, and it generally takes at least a month. In many cases, it will take a few ... . However, it can tell you what the numbers mean so that you have a better understanding of the process.
Description : What are some FHA mortgage requirements and how does credit affect the amount of loan you are able to get?
Last Answer : Some FHA mortgage requirements are being employed and having a decent credit score. Your credit doesn't affect the amount you can be loaned as much as how much money you make.
Description : Is it possible to still get a reverse mortgage loan with bad credit?
Last Answer : You can get reverse mortgage, but you must also realize that if you pass away or sell your house you do not get all of the money. They will take it and all the interest that goes with it.
Description : Where can I find a mortgage company that will approve a mortgage when I have a 553 credit score?
Last Answer : There is probably no credit union or bank that will approve you when your score is that low. What on earth did you do to have such a horrible credit score? You should be ashamed of yourself.
Description : How can I get a mortgage with bad credit?
Last Answer : It is very difficult to get a mortgage with bad credit. You will probably first have to raise your credit score.
Description : Can one purchase a pizza for a poor friend in another city with a credit card?
Last Answer : answer:I order things from overseas on occasion, via a website, paying by credit card, so I imagine your chances are good. Edit: I misread city for country but that makes your chances even better I say.
Description : “The rich households are availing cheap credit from formal lenders whereas the poor house holds have to pay a heavy price for borrowing.” -SST 10th
Last Answer : . The formal sector still meets only about half of the total credit needs of the rural people. . The remaining credit needs are met from informal sources. . Most loans from informal lenders ... the rich households who receive formal credit whereas the poor have to depend on the informal sources.
Description : Why are poor households still dependent on informal sources of credit? -SST 10th
Last Answer : Reasons: . Banks are not present everywhere in rural India. . Even if they are present, getting a loan from a bank is much more difficult than taking a loan from informal sources. ... charge very high rates of interest, keep no records of the transactions and harass the poor borrowers.
Description : “Poor households still depend on informal sources of credit.” -SST 10th
Last Answer : Poor Households still depend on informal sources of credit because:- . Banks are not present everywhere on rural area. . Even when they are present getting a loan from the bank is much more ... money lenders they know the borrowers personally and they are willing to give a loan without collateral.
Description : Cheap and affordable credit is essential for poor households both in rural and urban areas.' -SST 10th
Last Answer : Cheap and affordable credit is essential for poor households: 1. The informal sector lends at a high-interest rate in rural areas so the cost for the borrower is much more. 2. When the cost of borrowing ... where the amount to be repaid is more than the borrower's income and he has to borrow more.
Description : What are the two main reasons for formal credit not being available to the rural poor ? -SST 10th
Last Answer : The two main reasons for formal credit not being available to rural poor are : (i) Absence of collateral and documentation is the main reason which prevents rural poor from getting bank loans. ... (ii) Cheap and affordable credit for rural poors is important for the country's overall development.
Description : “Most of the poor households are still dependent on informal sources of credit.’’ -SST 10th
Last Answer : (i) Banks are not present everywhere in rural India, whereas informal sources are easily available in all villages. (ii) Getting a loan from a bank is much more difficult for poor ... relatives, or traders and landlords, who know the borrowers personally and therefore do not demand collateral.
Description : Where can I apply for a poor credit personal loans?
Last Answer : Many online services can offer personal loans even if you have poor credit. Many local loan services also offer poor credit loans.
Description : Where are low income apts with poor credit due to separation of marriage?
Last Answer : The best place to look for low income apartments in Baltimore is on the internet. Go to www.rentspeed.com/apartments-for.../MD_Baltimore_Maryland and it will give you a few different places to look for low income housing. It also has a section for people looking for apts/roommates. Good luck.
Description : Where can someone with a poor credit history apply for a credit card?
Last Answer : You can get a "secured" credit card from many banks which are different from normal credit cards as you have to load on an amount of money and this is all that can be spend. You can ... Proper credit cards for people with bad credit history include Aqua, Aquis, Barclaycard, Capital One, and Luma.
Description : Can someone get a housing loan with poor credit?
Last Answer : Poor credit decreases the chances of getting a housing loan. However, many companies offer assistance to those with poor credit and it is never too late to improve one's credit and improve the chances of getting a housing loan.
Description : ICRA, CRISIL, and Standard and Poor‟s (S&P) are ______ A. Financial Institutions B. NGOs C. NBFCs D. Credit Rating Agencies
Last Answer : D. Credit Rating Agencies Explanation: A credit rating agency (CRA, also called a ratings service) is a company that assigns credit ratings, which rate a debtor s ability to pay back debt by making ... payments and the likelihood of default. Example:- ICRA, CRISIL, and Standard and Poor s (S&P).