Economics · Cooperative Movement
What is the primary objective behind forming Primary Agricultural Credit Societies (PACS)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1To provide loans to moneylenders
- 2To provide loans to large industries
- 3To provide short-term credit to its member farmers✓
- 4To provide fiscal funding to the central government
Correct answer
To provide short-term credit to its member farmers
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