Economics · Economy

What is the primary objective of Primary Agricultural Credit Cooperative Societies (PACS)?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1To provide crop insurance to all farmers
2To promote export-oriented agribusiness
3To provide short-term and medium-term agricultural credit to farmers✓
4To regulate interest rates for commercial banks

Correct answer

To provide short-term and medium-term agricultural credit to farmers

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