UrbanPro

Take Class 10 Tuition from the Best Tutors

  • Affordable fees
  • 1-1 or Group class
  • Flexible Timings
  • Verified Tutors

Search in

Harish took credit from a bank but his friend Naresh took credit from one of his relatives. After some years Harish repays that credit to bank easily but Naresh can not. Why?

Asked by Last Modified  

Follow 0
Answer

Please enter your answer

Teacher

simple. Banking is an financial institution. People knows about their terms and conditions. If they fail to repay the loan , the bank will publish their name and photo in newspaper. So to avoid this harish repaid. But in the 2nd case Naresh got from his relative. He is not afraid of the consequences...
read more
simple. Banking is an financial institution. People knows about their terms and conditions. If they fail to repay the loan , the bank will publish their name and photo in newspaper. So to avoid this harish repaid. But in the 2nd case Naresh got from his relative. He is not afraid of the consequences as he got it from his relative. So he may think that he could tel some excuses. Thats it. read less
Comments

Maths teacher

EMI is fixed for repayment in banks which is managed by most of the people. But for relatives no such criteria us there . Also legal binding in case of bank is big reason for successful repayment.
Comments

revival

Due to lack of continuity in giving interest and backing amount as in this condition there is no set of rule and regulation in time bound manner which led to pile up of interest and money
Comments

Tutor

Loan depends on three factors principle,interest%(compoundbor Simple),Time period..Any of the conditions mentioned above may change the repayment of loan period.
Comments

Naresh would be in deep financial crisis that could be one of the reason for not paying the loan.
Comments

View 3 more Answers

Related Questions

What is seasonal unemployment?
Seasonal unemployment occurs when people are unable to find jobs during some months of the year. This kind of unemployment is generally found in agricultural sector.
Kratika
Relative density of silver is 10.8, the density of water is 10³ kg/m³. What is density of silver in S.I. unit?
We know that, relative density of a substance = Density of the substance / Density of water Relative density of silver = Density of silver / Density of water10.8 = Density of silver / 1000 kg m-3Density of silver = 10.8 * 1000 kg m-3 = 10800 kg m-3
Maheshwari
0 0
8
What is potential difference? Give its unit with definition.
Potential difference is the difference in the amount of potential energy a particle has due to its position between two locations in an electric field. SI unit=volt
Vineeth
0 0
5

Now ask question in any of the 1000+ Categories, and get Answers from Tutors and Trainers on UrbanPro.com

Ask a Question

Related Lessons

Easiest way to Find the Remainder on dividing by 7
Split the digits of the number in a group of 3 starting from unit’s place. Add the alternate group and then find their difference. Divide the difference by 7 and get the remainder. Consider the...

Difference Between Compound and Mixture
1. In a compound, there is chemical union between the elements, while there is no chemical reaction or bonding between elements in a mixture.2. The compositions of a compound are fixed, while the compositions...

Mirror formula
A formula which indicates the relationship between the image distance, object distance and focal length of a mirror is know n as the mirror formula.

Real Numbers
The collection of all rational numbers and irrational numbers is called real numbers which denoted by R for example 1/2, 7/8, pie, squrt2. Therefore, a real number is either rational or irrational....

Vedic Mathematics:To find cube root of a cubic number within seconds
To find cube root of a cubic numbers: What are cubic numbers cube of 1= 1, (ends with 1),cube of 11= 1331 (ends with 1), and so on. cube of 2= 8, (ends with 8),cube of 12= 1728 (ends with 8),...
N

Naimish K.

0 0
0

Recommended Articles

Sandhya is a proactive educationalist. She conducts classes for CBSE, PUC, ICSE, I.B. and IGCSE. Having a 6-year experience in teaching, she connects with her students and provides tutoring as per their understanding. She mentors her students personally and strives them to achieve their goals with ease. Being an enthusiastic...

Read full article >

Swati is a renowned Hindi tutor with 7 years of experience in teaching. She conducts classes for various students ranging from class 6- class 12 and also BA students. Having pursued her education at Madras University where she did her Masters in Hindi, Swati knows her way around students. She believes that each student...

Read full article >

Quest Academy is a professional Bangalore based NEET and JEE (Main + Advanced) training institute. The academy was incorporated in 2015 to cater to the needs of students, who aim to crack competitive exams by connecting with the best brains around. The institute helps students enhance their skills and capabilities through...

Read full article >

Raghunandan is a passionate teacher with a decade of teaching experience. Being a skilled trainer with extensive knowledge, he provides high-quality BTech, Class 10 and Class 12 tuition classes. His methods of teaching with real-time examples makes difficult topics simple to understand. He explains every concept in-detail...

Read full article >

Looking for Class 10 Tuition ?

Learn from the Best Tutors on UrbanPro

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you
X

Looking for Class 10 Tuition Classes?

The best tutors for Class 10 Tuition Classes are on UrbanPro

  • Select the best Tutor
  • Book & Attend a Free Demo
  • Pay and start Learning

Take Class 10 Tuition with the Best Tutors

The best Tutors for Class 10 Tuition Classes are on UrbanPro

This website uses cookies

We use cookies to improve user experience. Choose what cookies you allow us to use. You can read more about our Cookie Policy in our Privacy Policy

Accept All
Decline All

UrbanPro.com is India's largest network of most trusted tutors and institutes. Over 55 lakh students rely on UrbanPro.com, to fulfill their learning requirements across 1,000+ categories. Using UrbanPro.com, parents, and students can compare multiple Tutors and Institutes and choose the one that best suits their requirements. More than 7.5 lakh verified Tutors and Institutes are helping millions of students every day and growing their tutoring business on UrbanPro.com. Whether you are looking for a tutor to learn mathematics, a German language trainer to brush up your German language skills or an institute to upgrade your IT skills, we have got the best selection of Tutors and Training Institutes for you. Read more