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Question

The number of primary land development banks stood at _______ as of Mar., 2013.

A
650
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B
714
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C
765
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D
950
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Solution

The correct option is D 714
The number of primary land development banks stood at 714 as of Mar., 2013.Primary Land Development Banks operate at the district level.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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