Why is it not easy to get loans from the formal sector? Read the following reasons and choose the most appropriate option : Availability of Banks I. Availability of Collateral II. Long and Complicated Loan Process V. Awareness of Borrower ptions : 1) Only I, II and III are correct. *(B) Only II, III and IV are correct. ) Only I, II and IV are correct. X(D) Only I, III and IV are correct.

Question

Why is it not easy to get loans from the formal sector? Read the following reasons and choose the most appropriate option : 

I. Availability of Banks

II. Availability of Collateral 

III. Long and Complicated Loan Process 

IV. Awareness of Borrower ptions : 

A) Only I, II and III are correct. *

(B) Only II, III and IV are correct. 

C) Only I, II and IV are correct. 

(D) Only I, III and IV are correct.

Answer 1

(b) Only II, III, and IV are correct