Agricultural Credit

What is productive credit?

• Finance used to purchase seeds, fertilisers, pesticides and related agricultural tools.

• Credit taken for the purpose of permanently enhancing the productivity of land.

• Credit which does nog contribute to production

• Both A and B

Agricultural credit can be classified on the basis of ________.

• Objective of credit provider

• Purpose of credit

• Tenure of credit

• Both B and C

A farmer needs credit for the purpose of daughter's marriage is an example of ___________ credit.

• Productive

• Unproductive

• Both

• None

Rural population needs short term loan for___________.

• Meeting consumption expenses

• Buying tractor

• Digging canals

• Making permanent improvement on land

Rural population needs long term loan for __________.

• Buying seeds

• Buying fertilisers

• Buying agricultural machinery

• Making temporary improvements on land.