Single Answer MCQ
Q-00015880
Why is income from farming vital in loan repayment?
1
It supports luxury purchases
2
It determines living expenses
3
It's the primary source of funds to repay loans
4
It influences credit scores
Answer and Solution
Answer
C. It's the primary source of funds to repay loans
Solution:
Income from farming is essential as it provides the funds necessary for borrowers to repay their loans on time.
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