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Rural Development · Question 7 of 53

Question 7

MediumOriginal question

Farmers need credit mainly because of

Options for question 7

Show the answer and explanation
CorrectNot quiteAnswer A

Correct answer: A

Explanation

  1. Income comes only after harvest, but seed, fertiliser and family expenses must be met long before. This gestation lag creates the need to borrow.

Concept
Need for rural credit
Typical time
70 s
Your time
—
The rule this testsRural credit
Practise this chapter →

Ten questions from Rural Development, at your own pace.

Practise this chapter →

Ten questions from Rural Development, at your own pace.