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Question
Land Development Banks (LDBs) have a ________ structure.
Land Development Banks (LDBs) have a ________ structure.
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Solution
The correct option is B 2-tier
Land Development Banks (LDBs) have a 2-tier structure.Land Development Banks (LDBs) have been effectively established in India since 1929.Land
Development Banks (LDBs) are also called as Land Mortgage Banks and
Agricultural and Rural Development Banks in some states.Land
Development Banks- co-operative credit institution provides long-term
loans. It provide loans generally more than one year. It provides
institutional credit which assist in agricultural developmental
activities.
Land Development Banks (LDBs) have a 2-tier structure.Land Development Banks (LDBs) have been effectively established in India since 1929.Land Development Banks (LDBs) are also called as Land Mortgage Banks and Agricultural and Rural Development Banks in some states.Land Development Banks- co-operative credit institution provides long-term loans. It provide loans generally more than one year. It provides institutional credit which assist in agricultural developmental activities.
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