Question

In rural areas, what is the major reason behind taking the credit?

• A. Telecommunication
• B. Crop production
• C. Establishment of factory
• D. For buying luxuries

Answer 1

The correct option is B Crop production

• About 60% of the Indian population is dependent on agriculture.
• Most of the Indian farmers are small and marginal farmers.
• Rural farmers savings are very less.
• Rural farmers seek credit for the production of crops as there are no savings left with them from the last year.