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How is debt relief offered to farmers?
A
Debt waiver
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B
Reduction of interest rates
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C
Increase in interest rates
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D
Decrease in time to repay
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Solution
The correct option is B Reduction of interest rates <!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}-->
Debt relief is offered through waiver or reduction of interest payments. Debt cancellations and loan waivers have been announced by the governments due to many farmers movements.