How do banks help farmers?

Banks give fodder to farmers.

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Banks supply seeds to farmers.

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Banks give loans to farmers.

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Banks give education to farmers.

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Solution

The correct option is C Banks give loans to farmers.
Banks give loans to farmers. In India, usually banks provide loans in a lesser interest rate.

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Q. Banks hesitate to lend to farmers because of .

After the occurrence of this phenomenon, traders of agricultural produce purchased crops from farmers by issuing cheques to farmers. Farmers without bank accounts were made to open bank accounts and could get access to food, seeds, fertilizers, tools, and other services only when the banks' registration processes were complete and had enough cash to dispense. Some farmers used barter exchange to get food supplies while some with smartphones and bank accounts used e-wallets for obtaining services. What was this phenomenon and explain its features in the context of the case.

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How do banks help farmers?

The correct option is C Banks give loans to farmers.Banks give loans to farmers. In India, usually banks provide loans in a lesser interest rate.

The correct option is C Banks give loans to farmers.
Banks give loans to farmers. In India, usually banks provide loans in a lesser interest rate.