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Subjects
Class 11Home ScienceWork, Livelihood and CareerLife skills for livelihoodHardLevel 39

If a person takes a loan immediately after seeing an opportunity but does not check sales possibility which skill is incomplete?

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Answer and explanation

Correct answer: Loan use and market risk assessment

Market and repayment ability should be checked before taking a loan. In exams connect loan decision with risk assessment.

Tags

loanrisk-assessmentmarket-analysis

Frequently asked questions

What is the correct answer to this question?

Loan use and market risk assessment

Why is this the correct answer?

Market and repayment ability should be checked before taking a loan. In exams connect loan decision with risk assessment.

Which subject and chapter does this question cover?

This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Life skills for livelihood.

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