Agriculture in India has not reached its total potential. It is observed that the following measures can be undertaken to reach the maximum potential of the agricultural production:(I) The supply of finance should be fully institutionalised and dependence on private sources for credit should be eliminated.(II) The interest rate should be low in general. The banks should charge different rates for different uses.(III)The basis of credit should not be mortgage of any security. Production or productivity of land should be the basis for the approval of loans.(IV)The conditions of repayment of loans should be different so as to suit different circumstances.(V) It should be ensured that finance is used for production. Loans can be given in the form of goods like seeds, fertilisers, etc.(VI)There should be adequately trained and devoted personnel to manage the financial institutions. The persons should have full knowledge of agriculture and interest of farmers. The person should be able to guide the farmers on how to use the loan systematically.Q.Which among the following are the institutional sources of finance for agriculture?a)Commercial Bankb)Land development Banksc)Traders and Commission agentsd)Both (A) and (B)Correct answer is option 'D'. Can you explain this answer?

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Agriculture in India has not reached its total potential. It is observed that the following measures can be undertaken to reach the maximum potential of the agricultural production:
(I) The supply of finance should be fully institutionalised and dependence on private sources for credit should be eliminated.
(II) The interest rate should be low in general. The banks should charge different rates for different uses.
(III)The basis of credit should not be mortgage of any security. Production or productivity of land should be the basis for the approval of loans.
(IV)The conditions of repayment of loans should be different so as to suit different circumstances.
(V) It should be ensured that finance is used for production. Loans can be given in the form of goods like seeds, fertilisers, etc.
(VI)There should be adequately trained and devoted personnel to manage the financial institutions. The persons should have full knowledge of agriculture and interest of farmers. The person should be able to guide the farmers on how to use the loan systematically.

Q. Which among the following are the institutional sources of finance for agriculture?

a)
Commercial Bank
b)
Land development Banks
c)
Traders and Commission agents
d)
Both (A) and (B)

Correct answer is option 'D'. Can you explain this answer?

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Test: Class 12 Economics: CBSE Sample Question Papers- Term I (2021-22)

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Agriculture in India has not reached its total potential. It is observ...

Institutional sources are those credit sources that are formal and involves the formalities of providing or proving the means to pay back the loan.

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Agriculture in India has not reached its total potential. It is observed that the following measures can be undertaken to reach the maximum potential of the agricultural production:(I) The supply of finance should be fully institutionalised and dependence on private sources for credit should be eliminated.(II) The interest rate should be low in general. The banks should charge different rates for different uses.(III)The basis of credit should not be mortgage of any security. Production or productivity of land should be the basis for the approval of loans.(IV)The conditions of repayment of loans should be different so as to suit different circumstances.(V) It should be ensured that finance is used for production. Loans can be given in the form of goods like seeds, fertilisers, etc.(VI)There should be adequately trained and devoted personnel to manage the financial institutions. The persons should have full knowledge of agriculture and interest of farmers. The person should be able to guide the farmers on how to use the loan systematically.Q.Choose the correct alternatives given below from the following statements – Assertion (

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Agriculture in India has not reached its total potential. It is observed that the following measures can be undertaken to reach the maximum potential of the agricultural production:(I) The supply of finance should be fully institutionalised and dependence on private sources for credit should be eliminated.(II) The interest rate should be low in general. The banks should charge different rates for different uses.(III)The basis of credit should not be mortgage of any security. Production or productivity of land should be the basis for the approval of loans.(IV)The conditions of repayment of loans should be different so as to suit different circumstances.(V) It should be ensured that finance is used for production. Loans can be given in the form of goods like seeds, fertilisers, etc.(VI)There should be adequately trained and devoted personnel to manage the financial institutions. The persons should have full knowledge of agriculture and interest of farmers. The person should be able to guide the farmers on how to use the loan systematically.Q.Which among the following are the institutional sources of finance for agriculture?a)Commercial Bankb)Land development Banksc)Traders and Commission agentsd)Both (A) and (B)Correct answer is option 'D'. Can you explain this answer?

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Agriculture in India has not reached its total potential. It is observed that the following measures can be undertaken to reach the maximum potential of the agricultural production:(I) The supply of finance should be fully institutionalised and dependence on private sources for credit should be eliminated.(II) The interest rate should be low in general. The banks should charge different rates for different uses.(III)The basis of credit should not be mortgage of any security. Production or productivity of land should be the basis for the approval of loans.(IV)The conditions of repayment of loans should be different so as to suit different circumstances.(V) It should be ensured that finance is used for production. Loans can be given in the form of goods like seeds, fertilisers, etc.(VI)There should be adequately trained and devoted personnel to manage the financial institutions. The persons should have full knowledge of agriculture and interest of farmers. The person should be able to guide the farmers on how to use the loan systematically.Q.Which among the following are the institutional sources of finance for agriculture?a)Commercial Bankb)Land development Banksc)Traders and Commission agentsd)Both (A) and (B)Correct answer is option 'D'. Can you explain this answer? for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about Agriculture in India has not reached its total potential. It is observed that the following measures can be undertaken to reach the maximum potential of the agricultural production:(I) The supply of finance should be fully institutionalised and dependence on private sources for credit should be eliminated.(II) The interest rate should be low in general. The banks should charge different rates for different uses.(III)The basis of credit should not be mortgage of any security. Production or productivity of land should be the basis for the approval of loans.(IV)The conditions of repayment of loans should be different so as to suit different circumstances.(V) It should be ensured that finance is used for production. Loans can be given in the form of goods like seeds, fertilisers, etc.(VI)There should be adequately trained and devoted personnel to manage the financial institutions. The persons should have full knowledge of agriculture and interest of farmers. The person should be able to guide the farmers on how to use the loan systematically.Q.Which among the following are the institutional sources of finance for agriculture?a)Commercial Bankb)Land development Banksc)Traders and Commission agentsd)Both (A) and (B)Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Agriculture in India has not reached its total potential. It is observed that the following measures can be undertaken to reach the maximum potential of the agricultural production:(I) The supply of finance should be fully institutionalised and dependence on private sources for credit should be eliminated.(II) The interest rate should be low in general. The banks should charge different rates for different uses.(III)The basis of credit should not be mortgage of any security. Production or productivity of land should be the basis for the approval of loans.(IV)The conditions of repayment of loans should be different so as to suit different circumstances.(V) It should be ensured that finance is used for production. Loans can be given in the form of goods like seeds, fertilisers, etc.(VI)There should be adequately trained and devoted personnel to manage the financial institutions. The persons should have full knowledge of agriculture and interest of farmers. The person should be able to guide the farmers on how to use the loan systematically.Q.Which among the following are the institutional sources of finance for agriculture?a)Commercial Bankb)Land development Banksc)Traders and Commission agentsd)Both (A) and (B)Correct answer is option 'D'. Can you explain this answer?.

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