Money and Banking

Aman's friend borrows ₹5,000 from a moneylender to buy a new phone. He says he'll just pay back ₹5,000 next month — "I only have to return what I took." Aman's sister says that's not how borrowing works. Who is right?

Karan learns his father's credit card has a ₹50,000 limit. He tells his friend, "so basically dad gets an extra ₹50,000 to spend free every month." His friend disagrees. Who is right?

Priya thinks the money she deposits in the bank just sits in a vault, exactly as she left it, until she withdraws it. Her father says that's not quite right. Who is right?

Rohan says saving ₹1,000 today and leaving it for 10 years earns the same interest as saving ₹1,000 nine years from now and leaving it for just 1 year — "because it's the same ₹1,000 either way." Sana disagrees. Who is right?