Question:
What type of loan is provided to the farmers by the Primary Agricultural Credit Society (PACS)?
What type of loan is provided to the farmers by the Primary Agricultural Credit Society (PACS)?
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Think “PACS = crop loans now” → short-term credit.
Updated On: Oct 19, 2025
- Short term
- Medium term
- Long term
- All of these
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The Correct Option is A
Solution and Explanation
PACS primarily provide short-term (and some medium-term) crop loans for seasonal needs; long-term finance is handled by land development banks.
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