English

Identify which of the following is a source of non-institutional credit in the rural areas of India. - Economics

Advertisements
Advertisements

Question

Identify which of the following is a source of non-institutional credit in the rural areas of India.

Options

  • NABARD

  • Regional Rural Banks

  • Money Lenders

  • Commercial Banks

MCQ

Solution

Money Lenders

shaalaa.com
Credit and Marketing in Rural Areas
  Is there an error in this question or solution?
2022-2023 (March) Sample

RELATED QUESTIONS

Discuss the importance of credit in rural development.


Explain the role of micro-credit in meeting credit requirements of the poor.


Which source of credit had emerged to fully integrate the formal credit system into the overall rural social and community development?


The problems faced in rural banking are ______.


The scheme of microfinance is extended through ______.


Which one of the following is not a non-institutional source of credit?


National Bank for Agricultural and Rural Development (NABARD) was set up in 1982 as a/the ____________ body to coordinate the activities of all institutions involved in the rural financing system.


Read the following statements -Assertion (A) and Reason(R), Choose one of the correct alternatives given below:

Assertion (A): Since the default rates of farm loans have become chronically high due to multiple reasons, the rural banks are facing a lot of cash crunch.

Reason(R): Due to lack of proper storage facilities a lot of farm produce is wasted.


Which is the apex institute at the national level which provides re-finance facilities to institutions engaged in providing rural credit?


What is the importance of self-help groups (SHGS) in rural areas?


What are the steps taken by the government in developing rural markets?


Discuss briefly the importance of micro-credit programmes in rural development.


Micro credit programmes play a vital role in ensuring an overall development of the rural economy as they ______.

  1. provide financial support
  2. lead to women empowerment
  3. enhance the reach of formal credit system

State and elaborate whether the following statement is true or false, with valid arguments:

Jan-Dhan Yojana has been a crucial step for financial resource mobilization in the Indian economy.


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×