Question

Rama is a farmer. She needs loan for agriculture work. Which of the following sources of loan will be beneficial for Rama? Choose the most appropriate option. I. Bank
II. Agricultural Trader
III. Self-Help Group
IV. Government

• A. Only I, III and IV are correct.
• B. Only I, II and III are correct.
• C. Only II, III and IV are correct.
• D. Only I, II and IV are correct.

Hint:

Banks, Self-Help Groups, and Government schemes are often the best sources for agricultural loans.

Answer 1

The Correct Option is A

Rama should consider the following loan sources for agricultural activities:
- I. Bank
- III. Self-Help Group
- IV. Government.
Agricultural traders (II) might not always provide the most favorable loan conditions.
Therefore, the answer is option (A).