Single Answer MCQ
Q-00015882

In what scenario can credit help a farmer improve their financial status?

1

By providing high-interest loans

2

By making it easier to purchase inputs

3

Through loans leading to debt traps

4

By ensuring repayment without income

Answer and Solution

Answer

B. By making it easier to purchase inputs

Solution:

Credit can aid a farmer in improving their financial status by enabling easier access to necessary inputs for successful crop production.

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