Practicing Success
What is the role of "Rural credit" in the development of rural area of the country? |
Results in upliftment of women as it provides free educational facilities Farmers enjoy the credit as they are easily available Leads to higher productivity in the rural area None of the above |
Leads to higher productivity in the rural area |
Growth of rural economy depends primarily on infusion of capital, from time to time, to achieve higher productivity in agriculture and non- agriculture sectors. Rural credit refers to the credit for the farmers in the rural areas. They utilise this capital for buying seeds, fertilizers etc. |