Maharashtra State BoardHSC Commerce 11th
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Complete the following statement: Small farmers are unable to access rural credit provided by banks due to _________ . - Economics

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MCQ
Fill in the Blanks

Complete the following statement:

Small farmers are unable to access rural credit provided by banks due to _________.

Options

  •  presence of money lenders

  • no branches in rural areas

  • high transaction costs

  •  preference is given to large farmers

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Solution

Small farmers are unable to access rural credit provided by banks due to high transaction costs.

Concept: Rural Development in India
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APPEARS IN

Balbharati Economics 11th Standard HSC Maharashtra State Board
Chapter 5 Rural Development in India
Exercise Q.1 | Q 3 | Page 34
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