In terms of agricultural loans in India, the short term credit refers to the loans made for a period less than __:

In terms of agricultural loans in India, the short term credit refers to the loans made for a period less than __:
[A]1 year
[B]15 Months
[C]18 Months
[D]24 Months

15 Months
In case of agriculture loans, there are three types of loans viz. Short term (tenure <15 months), medium term (tenure 15 months to 5 years) and long terms (tenure > 5 years).

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This question "In terms of agricultural loans in India, the short term credit refers to the loans made for a period less than __:" was published on GKToday on May 19, 2015 at 3:38 pm. For Current Affairs Questions Archive Click Here. For General Knowledge Questions Archive Click Here.

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