Question

---- is given to strengthen the holding power and to prevent distress sale of the cultivators.

• A. Subsidy Loan
• B. Pledge Loan
• C. Agriculture Grant
• D. Farmer Credit

Answer 1

Answer:

B. Pledge Loan

Pledge Advance:

• Pledge advance also known as Pledge loan
• Pledge advance is given to strengthen the holding power and to prevent distress sale of the cultivators
• Pledge Loan is issued by marketing society on the security of agricultural loan.
• Under this scheme the marketing Society gives advance generally 60 to 75% of the value of agricultural produce pledged if the market price is not favourable to him.