What should an artisan check before taking a loan for handicrafts?
Answer and explanation
Correct answer: Cost, sales possibility, interest and repayment plan
A loan is useful only when income and repayment plans are clear. Exam tip: connect financial planning with enterprise security.
Frequently asked questions
What is the correct answer to this question?
Cost, sales possibility, interest and repayment plan
Why is this the correct answer?
A loan is useful only when income and repayment plans are clear. Exam tip: connect financial planning with enterprise security.
Which subject and chapter does this question cover?
This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Traditional occupations in India - Handicrafts.
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