The gestation period between sowing crops and understanding income after the agricultural produce and sale is very long and is one of the most important reason for rural or agriculture credit. Is the statement correct? Justify. Explain in detail various kinds of loans that are allowed to the farmers in India along with the process, period and documentation for the same. Suppose Mr. A who is a farmer wishes to purchase a thrasher for his wheat produce which loan he can take from the bank, what will be the procedure for the same.

The gestation period between sowing crops and understanding income after the agricultural produce and sale is very long and is one of the most important reason for rural or agriculture credit. Is the statement correct? Justify. Explain in detail various kinds of loans that are allowed to the farmers in India along with the process, period and documentation for the same. Suppose Mr. A who is a farmer wishes to purchase a thrasher for his wheat produce which loan he can take from the bank, what will be the procedure for the same.

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter10: Financing And Producing Goods

Section: Chapter Questions

Problem 20AA

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