Description : Dhananjay is a government employee and belongs to a rich household whereas Raju is a construction worker and comes from a poor rural household. Both are in need and wish to take loan. -SST 10th
Last Answer : Dhananjay will be able to get loan from a formal source. Arguments: Banks are not present everywhere in rural India. Even when they are present, getting a loan from a bank is much more ... the other hand, know the borrowers personally and hence are often willing to give a loan without collateral.