ECONOMICS
SAVING AND INVESTING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Agriculture Credit Banks
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Federal Land Credit Associations
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Farm Credit Banks
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Agricultural Credit Associations
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Detailed explanation-1: -USDA’s Foreign Agricultural Service (FAS) is responsible for the operation of two credit guarantee programs for commercial financing of U.S. agricultural exports and related facilities-the Export Credit Guarantee (GSM-102) Program and the Facilities Guarantee Program (FGP).
Detailed explanation-2: -Agricultural credit refers to one of several credit vehicles used to finance agricultural transactions such as a loan, note, bill of exchange, or a banker’s acceptance. Financing is specially adapted to the specific financial needs of farmers.
Detailed explanation-3: -Sources of agricultural credit can be broadly classified into institutional and non-institutional sources. Institutional sources include co-operatives, commercial banks including the SBI Group, RBI and NABARD.
Detailed explanation-4: -The leading U.S. agricultural exports are grains and feeds, soybeans, livestock products, tree nuts, fruits, vegetables, and other horticultural products.
Detailed explanation-5: -Agricultural Subsidy. Farm Storage Facilities Loans. Farm Operating Loans. Farm Ownership Loans. Farm Labor Housing. Emerging Farmer Finance. Contract Farming. Special Mortgage Loan. More items