DEBT TRAP - A situation in which a debt is difficult or impossible to repay, typically because high interest payments prevent repayment of the principal., CREDIT - It as an agreement between a lender and a borrower, who promises to repay the lender at a later date—generally with interest, BORROWER - A person or an entity that takes money from someone else for various purposes., INFORMAL LENDER SOURCES - These are the loans from moneylenders, traders, employers, relatives and friends, etc., TERMS OF CREDIT - These are the requirements need to be satisfied for any credit arrangements., COLLATERAL - Assets that the borrower owns (such as land, building, vehicle, livestocks, deposits with banks) and uses this as a guarantee to a lender until the loan is repaid., FORMAL LENDER SOURCES - These are the loans given by banks and co-operative institutions., CHEQUE - An order to a bank to pay a stated sum from the drawer's account, written on a specially printed form., DOUBLE CO-INCIDENCE OF WANTS - When both parties have to agree to sell and buy each others commodities., CASH RESERVE RATIO - It is a minimum amount of the total deposits of customer that needs to be maintained by the commercial bank as a reserve either in cash or as deposits with RBI.,

FIND THE MATCH- MONEY AND CREDIT

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