The State of Agriculture and Agricultural Reforms Post-Independenece
Institutional...
Question
Institutional credit ___________ rural households involved in agricultural activities.
A
assists
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B
exploits
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C
both 'a and b'
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D
neither a nor b
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Solution
The correct option is B assists Institutional credit assists rural households involved in agricultural activities. The government exclusively depended on development of cooperatives as an institutional source of rural credit till 1970.Agricultural credit from institutional sources has increased by about 250 times between 1980-81 to 2014-15.