Single Answer MCQ
Q-00015869
What factor often makes it difficult for small farmers to obtain loans from banks?
1
High collateral requirements
2
Lack of agricultural knowledge
3
High levels of education
4
Desire to invest in technology
Answer and Solution
Answer
A. High collateral requirements
Solution:
Banks often require high collateral, which small farmers may not have, making it difficult for them to secure loans.
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