Question

What type of loan is provided to the farmers by the Primary Agricultural Credit Society (PACS)?

• A. Short term
• B. Medium term
• C. Long term
• D. All of these

Hint:

Think “PACS = crop loans now” → short-term credit.

Answer 1

The Correct Option is A

PACS primarily provide short-term (and some medium-term) crop loans for seasonal needs; long-term finance is handled by land development banks.