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Question : Case Study 14: Supporting Rural Entrepreneurs

A group of entrepreneurs decided to establish a cooperative society in a rural area to produce organic agricultural products. They sought support from government schemes to finance their project and provide training to farmers.

Question:

How does the cooperative society benefit rural farmers?

Option 1: By reducing the demand for organic products
    

Option 2: By providing training and financing
 

Option 3: By promoting traditional farming methods

  

Option 4: By selling agricultural products overseas


Team Careers360 18th Jan, 2024
Answer (1)
Team Careers360 23rd Jan, 2024

Correct Answer: By providing training and financing


Solution : The correct answer is (b) By providing training and financing

The establishment of a cooperative society in a rural area for the production of organic agricultural products, along with seeking support from government schemes for financing and training, would likely benefit rural farmers by enhancing their skills, knowledge, and access to financial resources. This support can contribute to the overall development and sustainability of agriculture in the rural community.

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