The major difference between loan and subsidy is that

AGRICULTURE
WAEC 1995

The major difference between loan and subsidy is that

  • A. subsidy is repayable while loan is not
  • B. both cannot be available to the farmer at the same time
  • C. loan is provided by government only while subsidy is not
  • D. loan is repayable while subsidy is not

Correct Answer: D. loan is repayable while subsidy is not



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