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Unit 4 Ch 3 : Money and Credit — Social Studies STD 10 — Question

CBSE BoardEnglish MediumSTD 10Social StudiesUnit 4 Ch 3 : Money and Credit1 Mark
MCQ
Tick the correct answer Over the years, Rama’s debt :
  • ✓
    Will rise.
  • B
    Will remain constant.
  • C
    Will decline.
  • D
    None of these
✓

Answer

Correct option: A.
Will rise.
Over the years, Rama’s debt will rise because we know that time to time the amount keeps increasing by summing up the interest rate and late fee.

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