QUESTION
Identify and explain the concept from the given illustration:
Damaji borrows loan from a credit society established in the village this season rather than taking it from a moneylender.
One line Answer
Identify and explain the concept from the given illustration:
Damaji borrows loan from a credit society established in the village this season rather than taking it from a moneylender.
SOLUTION
A. Identified concept: Institutional source of agricultural credit.B. Explanation of concept: A source of agricultural credit that is owned, managed, or regulated by government is called an institutional source of agricultural credit. For example, Primary agricultural credit society.
Balbharati Solutions for Economics 11th Standard HSC Maharashtra State Board
Balbharati Solutions for Economics 11th Standard HSC Maharashtra State Board Chapterwise List - Free
The answers for the Balbharati books are the best study material for students. These Balbharati Solutions for Economics 11th Standard HSC Maharashtra State Board will help students understand the concepts better.
Chapter 1: Basic Concepts in Economics
Chapter 4: The Economy of Maharashtra
Chapter 5: Rural Development in India
Chapter 6: Population in India
Chapter 7: Unemployment in India
Chapter 9: Economic Policy of India since
Chapter 10: Economic Planning in India
Economics 11th Standard Maharashtra State Board
Author: Balbharati
Publisher: Maharashtra State Bureau of Textbook Production and Curriculum Research
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