Para Jumble practice question for SSC. Review the correct answer and explanation, then continue with related practice below.
Arrange the following sentences in the correct order. A. If all borrowers are charged the same rate, low-risk customers may leave while high-risk customers remain. B. A lender cannot perfectly observe how risky each borrower is. C. The average risk of the remaining borrowers can then increase. D. Pricing decisions should therefore consider how customers may sort themselves in response to the terms offered.
Correct Answerसही उत्तर
A. BACD
Explanationव्याख्या
(English): B introduces information asymmetry.
A describes the response to uniform pricing.
C gives the worsening average-risk consequence.
D provides the pricing conclusion.
Overall Meaning: Uniform pricing can change the mix of customers and unintentionally increase average risk.
व्याख्या (Hindi): B lender की incomplete risk information बताता है।
A uniform interest rate के कारण low-risk customers के exit की संभावना बताता है।
C remaining pool के average risk बढ़ने की बात करता है।
D customer self-selection को pricing में शामिल करने का निष्कर्ष देता है।
समग्र अर्थ: Same price सभी पर लागू करने से customer mix बदल सकती है और average risk बढ़ सकती है।
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