Q. 34.0( 23 Votes )

Imagine you are a member of a fishing family and you are discussing whether to take a loan from the bank for an engine. What would you say?

Answer :

If I were a member of a fishing family, then I would have said that taking loan from a bank for engine is a very good idea. An engine can be fixed to a catamaran and the catamaran can travel long distance in the sea where we can get a better catch. Moreover, taking a loan from the bank is safer than any local trader, because the bank rates are fixed and there is no chance of fraud or exploitation.

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