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The State of Agriculture and Agricultural Reforms Post-Independence

Long-term agr...

Question

Long-term agricultural credit is provided by ________.

A

Land Development Bank

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B

State Cooperative Bank

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C

Central Cooperative Bank

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D

Commercial Bank

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Solution

The correct option is B Land Development Bank
Long term agricultural credits are provided for land improvement, digging of wells, buying farm animals, purchase of machinery. Most of the expenses are relating to agriculture and other allied land development activities. Such long term agricultural credit is provided by Land Development Bank.

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