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Q.

Choose whether the statement is true or false.


Many times small farmers have to borrow for money.


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a

True

b

False 

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Detailed Solution

The above statement is true.
Many times small farmers have to borrow money because of the following reasons:
1)      To purchase seeds, fertilisers and pesticides. They borrow money from shopkeepers, traders, moneylenders, and wealthy farmers. Farmers also borrow money for marriage or any other social function in the family.
2)      Most farmers borrow money to purchase certain goods or food items and to manage other daily expenditures.
3)      Sometimes the grains or seeds are not of good quality, or pests attack them, due to which crops fail or are ruined.
4)      Failure of monsoon or untimely rainfall damages the whole crops. Farmers cannot pay back their debt or loans in such a situation.
 
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Choose whether the statement is true or false.Many times small farmers have to borrow for money.