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Which of the following examples best illustrates unproductive agricultural credit?

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Question

Which of the following examples best illustrates unproductive agricultural credit?

Options

  • Buying machinery for farm work

  • Purchasing land for cultivation

  • Borrowing money for wedding expenses

  • Investing in irrigation equipment

MCQ
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Solution

Borrowing money for wedding expenses

Explanation:

Loans for personal or social needs like weddings are classified as unproductive credit.

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