Economics · Economy
When a Medium or Long-Term Loan is sanctioned for Horticulture (Orchard Development), the amortization or repayment schedule is structured primarily based on:
- 1Fixed monthly installments starting from the first month
- 2The maximum limit of the farmer's Short-Term Crop Loan
- 3The gestation period and economic pay-back capacity of the orchard, typically annual/half-yearly following harvest✓
- 4The interest subvention benefits provided by the government
Correct answer
The gestation period and economic pay-back capacity of the orchard, typically annual/half-yearly following harvest
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