Which would be considered productive use of credit in agriculture?
Answer and explanation
Correct answer: Investing credit in durable irrigation tools or quality seeds
Productive credit helps improve income or production capacity. Exam tip: distinguish credit use from debt burden.
Frequently asked questions
What is the correct answer to this question?
Investing credit in durable irrigation tools or quality seeds
Why is this the correct answer?
Productive credit helps improve income or production capacity. Exam tip: distinguish credit use from debt burden.
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.