The gestation period between sowing crops and understanding income after the agricultural produce and sale is very long and is one of the most important reason for rural or agriculture credit. Is the statement correct? Justify. Explain in detail various kinds of loans that are allowed to the farmers in India along with the process, period and documentation for the same. Suppose Mr. A who is a farmer wishes to purchase a thrasher for his wheat produce which loan he can take from the bank, what will be the procedure for the same.

The gestation period between sowing crops and understanding income after the agricultural produce and sale is very long and is one of the most important reason for rural or agriculture credit. Is the statement correct? Justify. Explain in detail various kinds of loans that are allowed to the farmers in India along with the process, period and documentation for the same. Suppose Mr. A who is a farmer wishes to purchase a thrasher for his wheat produce which loan he can take from the bank, what will be the procedure for the same.

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)

14th Edition

ISBN:9781305506381

Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Chapter13: best-practice Tactics: Game Theory

Section: Chapter Questions

Problem 14E

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