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Sustainable Rural Development

Commercial ba...

Question

Commercial banks, finance rural credit directly, and through:

A

NABARD

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B

Rural Banks

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C

Cooperative societies

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D

State government

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Solution

The correct option is B
Rural Banks

Option : (B)

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Similar questions

Q. The 3-tier structure of co-operative banks includes which of the following?
(i) NABARD
(ii) State Cooperative Banks
(iii) Central Cooperative Banks
(iv) District Central Cooperative Banks
(v) Primary Agricultural Credit Societies (PACS)

Q. NABARD has been entrusted with which of the following responsibilities?
(i) provide refinance assistance to cooperative societies and RRBs
(ii) improving agricultural credit system
(iii) financing activities of industrial development banks

Q. Reserve Bank of India controls the activities of some of the following banks in India :
i) Commercial Banks
ii) Cooperative Banks
iii) Foreign Bank
iv) Rural Banks

Which of the following statements is true or false?

a) NABARD takes up all the functions performed by RBI with regard to rural credit
b) NABARD provides credit directly to rural people

Q. Rural credit provided by cooperative societies suffers from the problem of undue delays.

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