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Which of the following statements is/are correct pertaining
to the problems with agricultural credit?A) Private sector
banks are not given any target of agricultural lending.
Hence, they do not lend anything to farmers.B) Majority of
farmers are not able to afford the cost of borrowing or not
able to guarantee their loan from the banks.C) Most of the
Co-operative Banks are defunct. Hence, they are not lending
to the farmers.Which of these statements is/are true?
(1) Only A
(2) Only B
(3) Only A & B
(4) Only C
(5) Only B & C
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Answer Posted / guest
( 1 ) Only A
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