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
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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Question : Case Study 10: Entrepreneurship and Economic Growth
A group of young graduates decided to start a tech startup. They developed an innovative mobile application that connects farmers directly to consumers, eliminating the need for middlemen. This
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