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The major difference between loan and subsidy is that

The major difference between loan and subsidy is that
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • 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 Subsidy is expensive to obtain but loan is not
  • E Loan is repayable while subsidy is not
Correct Answer: Option E
Explanation:

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