Question

the terms of credit can be unfavourable for the small farmers how?justify the state ment

Answer 1

ye thoda Katin hai fhir bhi apko thoda sa samja deta hu!!!!!!


Explain with an example how the terms of credit can be unfavourable for the small farmers


Terms of credit include collateral such as land titles, deposits with banks, livestock, building, vehicle, etc which small farmers are not capable of providing.
In case of failure of crops, it becomes impossible for farmers to repay the loan. Terms of credit also include documentation requirement. Small farmers are not capable of providing complicated paper work. Thus, the terms of credit can be unfavourable for small farmer.

Answer 2

here is your answer

I hope it will help u