Persons in rural areas need long-term loans for:

For buying fertilizers

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For making minor improvements on land

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To buy seeds

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For buying agricultural machinery

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Solution

The correct option is D
For buying agricultural machinery

Persons in rural areas need long-term loans for buying agricultural machinery.

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Agricultural credit enhances the capacity to buy the physical inputs needed for agricultural production. State True or False.

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Rs 460 paid for repairs of a 2nd hand machinery before buying it shall be debited to ___ Account.

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