SSC Economics Sample Paper NCERT Sample Paper-1

  • question_answer
    Agricultural credit needs are distinct from those of non-agricultural sector in many respects. Which one of the following does not appear?

    A)  Needs for agricultural credit remain stable.

    B)  It is difficult to estimate correctly the credit needs in advance as is possible in the case of non-agricultural industries.

    C)  An agriculturist can pass on the risk of his business to other people through the sale of shares.

    D)  The only tangible asset that agriculturists can offer as security against loan is land itself.

    Correct Answer: C

    Solution :

    [c] One of the features of a sound agriculture credit system determined by the All India Rural Credit Survey Committee was that it should lend not merely on security of land and other usual forms of security but also on the security of anticipated crops.

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