📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!
  • google app store apple app store
    • ✖

      Question

      PACS deals directly with the rural (agricultural)

      borrowers, give those loans and collect repayments of loans. What does PAC stand for?
      A Primary Agricultural Credit Service Correct Answer Incorrect Answer
      B Primary Agricultural Cooperative Society Correct Answer Incorrect Answer
      C Primary Agricultural Credit Society Correct Answer Incorrect Answer
      D Private Agricultural Credit Society. Correct Answer Incorrect Answer
      E Primary Agro-chemical Credit Society Correct Answer Incorrect Answer

      Solution

      Primary Agricultural Credit Societies are the grass root level arms of the short-term co-operative credit structure. PACS deal directly with the rural (agricultural) borrowers, give those loans and collect repayments of loans given. and also undertake distribution and marketing functions.

      Practice Next
      More Previous Year Paper Questions
      ask-question