how does the poor farmers arrange the apital needed for the production (a) Savings (b) surplus income (c) Loan (c) None of the above
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Answer:
(c) Loan
Most small farmers have to borrow money to arrange for the capital. They borrow from large farmers or the village moneylenders or the traders who supply various inputs for cultivation. The rate of interest on such loans is very high. They are put to great distress to repay the loan.
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Answer:
(c) None of the above
Explanation:
Most small farmers have to borrow money to arrange for the capital.
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