Question

The loan processing for a livestock project goes through following steps: A. Loan application
B. Sanction
C. Disbursement
D. Repayment Choose the correct answer from the options given below:

• A. A, B, C, D
• B. A, C, B, D
• C. A, B, D, C
• D. D, C, A, B

Hint:

Loan flow = Apply → Approve → Disburse → Repay

Answer 1

The Correct Option is A

Concept:
Loan processing in agriculture or livestock sector follows a defined procedural flow from application to repayment.

Step 1: Loan Application (A)

• Borrower submits application to bank.
• Includes project details and requirements.

Step 2: Sanction (B)

• Bank evaluates project feasibility.
• Approves or rejects loan.

Step 3: Disbursement (C)

• Approved funds are released to borrower.
• May be in phases depending on project.

Step 4: Repayment (D)

• Borrower repays loan in installments.
• Includes principal + interest. Final Sequence: \[ A \rightarrow B \rightarrow C \rightarrow D \] \[ \boxed{\text{Option (A)}} \]