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प्रश्न
Read the following case and choose the correct option:
| Swapna owns a small farm in her village. She wants to take loan to meet the expense of cultivation. |
From which of the following sources should Swapna take the loan?
पर्याय
Reserve Bank of India
Nearest nationalised bank
Moneylender of the village
Agricultural trader
MCQ
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उत्तर
Nearest nationalised bank
Explanation:
A nationalised bank is a formal source of credit that provides lower interest rates and more favourable terms than informal sources such as moneylenders or dealers. Obtaining a bank loan protects small farmers like Swapna from sliding into a debt trap, which frequently occurs when high-interest rates from informal lenders become impossible to repay.
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