Which of the following is not an institutional credit agency?

Cooperative Society

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Moneylender

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Commercial Banks

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Regional Rural Banks

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Solution

The correct option is A Moneylender
Moneylenders are informal finance providers who are not registered under the government, as such, they fall under non-institutional credit agency.
They may be rich farmers, friends or relatives from whom a person takes a loan on oral basis.

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Which of the following is a non-institutional source of rural credit?

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