Q: Which one of the following statements about a borrower from a Microfinance Company is NOT correct?
(a)The borrower should not have annual income beyond a limit.
(b)The borrower should not seek loan amount beyond a limit.
(c)The borrower should not refuse to offer a collateral.
(d)The borrower should not refuse to pay any rate of interest offered.
Correct Answer: (d)
Detailed explanation coming soon.