Types of Banks and Banking

Economic Affairs

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Which of the following grants/grant direct credit assistance to rural households?

1. Regional Rural Banks

2. National Bank for Agriculture and Rural Development

3. Land Development Banks

Select the correct answer using the codes given below.

This questions was previously asked in

UPSC CSP Previous Year Paper (2013)

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) 1 and 2 only

2 only

1 and 3 only

1, 2 and 3

Explanation:

Regional Rural Banks and Land development banks provide direct credit assistance to rural households in the form of loans etc. NABARD do not provide direct assistance. It "refinance" the assistance by other institutions.

By: Abhipedia

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