Economics · Agricultural Credit

Which of the following forms of credit is NOT categorized as a 'consumption loan'?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Loan for educational needs
2Loan for religious ceremonies
3Loan for medical expenses
4Loan for a diesel pumpset✓

Correct answer

Loan for a diesel pumpset

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Which of the following forms of credit is NOT categorized as a 'consumption loan'?

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Which of the following forms of credit is NOT categorized as a 'consumption loan'?

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