If microcredit is given to a woman but repayment pressure and no market support exist, what is the risk?
Answer and explanation
Correct answer: Credit may become a debt burden rather than empowerment
A is correct. Microcredit supports empowerment only when a woman also has skills, market access, and opportunities to earn by selling her products or services. Without market support, income may remain uncertain while repayment instalments are still due, so the loan can become a debt burden. Option B is incorrect because receiving credit alone does not guarantee profit. Exam tip: Link the impact of microcredit with market access, training, and income opportunities.
Frequently asked questions
What is the correct answer to this question?
Credit may become a debt burden rather than empowerment
Why is this the correct answer?
A is correct. Microcredit supports empowerment only when a woman also has skills, market access, and opportunities to earn by selling her products or services. Without market support, income may remain uncertain while repayment instalments are still due, so the loan can become a debt burden. Option B is incorrect because receiving credit alone does not guarantee profit. Exam tip: Link the impact of microcredit with market access, training, and income opportunities.
Which subject and chapter does this question cover?
This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Gender issues related to work.
