When a piece of land is leased to a farmer, the land is said to be
A.
Purchase on loan
B.
given to him as subsidy
C.
given as a gift
D.
allocated on a rental basis
Correct Answer: Option D
Explanation
When a piece of land is leased to a farmer, it means the farmer is given the right to use the land for a specified period in exchange for payment. This is known as renting or allocation on a rental basis. It is not a subsidy, loan, or gift.
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