Single Answer MCQ
Q-00002669
How can small farmers access cheap credit for cultivation?
1
By borrowing from informal sources
2
By approaching banks for high-interest loans
3
By participating in government schemes offering subsidized credit
4
By avoiding credit altogether
Answer and Solution
Answer
C. By participating in government schemes offering subsidized credit
Solution:
Small farmers can access cheap credit for cultivation by participating in government schemes that offer subsidized loans, low-interest rates, flexible repayment terms, and other financial incentives. These schemes aim to support agricultural activities, enhance productivity, and improve the livelihoods of small farmers.
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