BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Co-operative societies
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Commercial Banks
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Regional Rural Banks
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Central Rural Bank
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Detailed explanation-1: -This question sates non agricultural source: Co-operative societies, Commercial Bank sand Regional Rural Bank are source of agriculture finance in India.
Detailed explanation-2: -Detailed Solution. The correct answer is NABARD.
Detailed explanation-3: -Detailed Solution. Buying seeds is NOT correct. Agriculture investment loans are available to individuals engaged in agri-related sectors and farmers.
Detailed explanation-4: -Sources of agricultural credit can be broadly classified into institutional and non-institutional sources. Institutional sources include co-operatives, commercial banks including the SBI Group, RBI and NABARD.
Detailed explanation-5: -Which of the following is not a source of rural credit ? a)Regional rural banksb)Moneylendersc)Tradersd)GovernmentCorrect answer is option ‘D’.