What is the time period of short-term loans?

Option a is correct as short-term loans are needed for short term agricultural requirements like seeds, fertilizers, fodder and domestic purposes, and the time period for this type of loans are less than 15 months.

Option b is incorrect as the period of ‘less than 2 years’ is not applicable for agricultural loans.

Option c is incorrect as the period of ‘less than 5 years’ is applicable in case of medium-term loans in case of agriculture.

Option d is incorrect as the period of ‘less than 15 years’ is applicable in case of long term loans in case of agriculture.