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Complete the following statement: Small farmers are unable to access rural credit provided by banks due to _________ . - Economics

QUESTION

Complete the following statement:

Small farmers are unable to access rural credit provided by banks due to _________.

Options
  • presence of money lenders

  • no branches in rural areas

  • high transaction costs

  • preference is given to large farmers

MCQ
Fill in the Blank

SOLUTION

Small farmers are unable to access rural credit provided by banks due to high transaction costs.