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Identify and explain the concepts from the given illustration : Ramraoji takes a loan from the bank for a period of ten years subject to terms and conditions for the purpose of irrigated farming. - Economics

QUESTION

Identify and explain the concept from the given illustration:

Ramraoji takes a loan from the bank for a period of ten years subject to terms and conditions for the purpose of irrigated farming.

One line Answer

SOLUTION

A. Identified concept: Long-term agricultural credit.
B. Explanation of concept: Long-term agricultural credit refers to loans that are taken for a period of more than five years.

Balbharati Solutions for Economics 11th Standard HSC Maharashtra State Board


Balbharati Solutions for Economics 11th Standard HSC Maharashtra State Board Chapterwise List - Free

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Chapter 1: Basic Concepts in Economics

Chapter 2: Money

Chapter 3: Partition Values

Chapter 4: The Economy of Maharashtra

Chapter 5: Rural Development in India

Chapter 6: Population in India

Chapter 7: Unemployment in India

Chapter 8: Poverty 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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