ibps-so 2016 · Question 351 of 394

A plantation loan has been sought for raising a coconut garden of four hectares on a coastal sandy loam, and the eld o cer must settle the period over which the garden will stand before the repayment schedule and the gestation period of the loan can be xed. The borrower has proposed a replanting programme for the whole garden and the o cer has to record in his note how long a palm of the tall type may be expected to live altogether, from the year in which the seedling is put out to the year in which the trunk nally has to be felled. The o cer is careful to distinguish this total span of life from the shorter period over which the palm bears pro tably, since the repayment schedule turns on the second gure and the replanting programme on the rst, and the two must not be entered against each other. The lifespan of the coconut palm is about

1. A25 years
2. B50 years
3. C100 yearsCorrect
4. D150 years
5. E200 years