Multiple Choice Questions on Which of the following grants grant direct credit assistance to rural households 1 Regional Rural Ba........... for UPSC Civil Services Examination (General Studies) Preparation

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Multiple Choice Questions

Which of the following grants grant direct credit assistance to rural households 1 Regional Rural Ba...........

Economic Affairs Types of Banks and Banking
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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)
    View All IAS Previous Year Papers

    ) 1 and 2 only 

    Incorrect Answer

    2 only

    Incorrect Answer

    1 and 3 only 

    Correct Answer

    1, 2 and 3

    Incorrect Answer
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    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.

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