Question : The institutional financial sources were developed by the government:
A: To offer farmers enough finance at a lower interest rate.
B: To help small farmers maximize their income by increasing agricultural productivity.
Option 1: Only A
Option 2: Only B
Option 3: Both of the above
Option 4: None of the above
Answer (1)
12th Jan, 2024
Correct Answer: Only B
Solution :
The institutional financial sources were developed by the government to help small farmers maximize their income by increasing agricultural productivity.
Three institutional sources of agricultural credit are- Co-operative Credit Societies, Commercial Banks, and. Regional Rural Banks.
Hence option b is the correct answer.
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