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Identify and explain the concepts from the given illustration: Subsidized credit is provided by banks to small farmers for purchase of high yielding variety (HYV) seeds. - Economics

QUESTION

Identify and explain the concept from the given illustration:

Subsidized credit is provided by banks to small farmers for the purchase of high yielding variety (HYV) seeds.

One line Answer

SOLUTION

A. Identified concept: Short-term credit.
B. Explanation of concept: Short-term credit refers to loans not exceeding two years. It is provided by banks to cultivators for purchase high yielding variety (HYV) seeds, fertilizers, etc.

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 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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