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The difference between subsidy and loan is that subsidy

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Agricultural Science WAEC 2006

The difference between subsidy and loan is that subsidy

  • is a short term credit whil loan is a long term credit
  • is a medium term credit while loan is short term credit
  • requries a colateral while a loan does not
  • is not refundable while a loan is refundable checkmark

The correct answer is: D

Explanation

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