Multiple choice general knowledge

What are Feeder Finance Loans?

  1. Short-term loans given to purchasers of plougher cattle for purchase of these

  2. Long-term loans given to purchasers of ploughing cattle for purchasing these

  3. Short-term loans given to purchasers of feeder cattle for the purchase of these feeder cattle

  4. Long-term loans given to purchasers of feeder cattle for the purchase of these feeder cattle

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Feeder Finance Loans are short-term lending instruments for buyers acquiring feeder cattle - livestock being raised for meat production rather than work or breeding. The loan term aligns with the feeding cycle. Options B and D incorrectly state long-term, while A refers to plougher (work animals).