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प्रश्न
In India, about 80 per cent of farmers are small farmers, who need credit for cultivation.
Suggest some ways by which small farmers can get cheap credit.
उत्तर
Self-help groups and cooperative banks do not require a collateral as a guarantee; hence, they can provide cheap credit to the small farmers.
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संबंधित प्रश्न
What are the reasons why the banks might not be willing to lend to certain borrowers?
In India, about 80 per cent of farmers are small farmers, who need credit for cultivation.
Why might banks be unwilling to lend to small farmers?
In India, about 80 per cent of farmers are small farmers, who need credit for cultivation.
Why might banks be unwilling to lend to small farmers?
In India, about 80 per cent of farmers are small farmers, who need credit for cultivation.
Explain with an example of how the terms of credit can be unfavourable for the small farmer.
__________is an asset that the borrower owns and uses as a guarantee until the loan is repaid to the lender.
Formal Sources of Credit Does Not Include
In a SHG, most of the decisions regarding savings and loan activities are taken by ______.
How can more employment be created in agriculture sector alone ? Explain any three ways.
Why do banks or lenders demand collateral against loans?
Answer the following question.
Explain the importance of 'collateral'.
