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Subjects
Class 11Home ScienceWork, Livelihood and CareerTraditional occupations in India - AgricultureExpertLevel 9

Which question should a family ask first before taking agricultural credit?

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Answer and explanation

Correct answer: Is there a clear plan for increasing income or productive capacity through the loan?

Credit is safer when use and repayment are clearly planned. Exam tip: treat credit as a planning-based decision.

Tags

home-scienceagricultural-creditrepaymentfinancial-planning

Frequently asked questions

What is the correct answer to this question?

Is there a clear plan for increasing income or productive capacity through the loan?

Why is this the correct answer?

Credit is safer when use and repayment are clearly planned. Exam tip: treat credit as a planning-based decision.

Which subject and chapter does this question cover?

This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Traditional occupations in India - Agriculture.

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