Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Rural Development

Question:

Institutional source of credit refers to the credit offered by authorised and credential associations. Which of the following is an institutional source of agricultural credit?

Options:

NABARD

SHG's

Cooperative societies

All of the above

Correct Answer:

All of the above

Explanation:

Institutional source of credit refers to the credit offered by authorised and credential associations like NABARD, Self help groups, cooperative societies, regional rural banks etc.