ECONOMICS
HUMAN CAPITAL
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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To provide adequate credit to farmers at a cheaper interest rate
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To assist small farmers to raise their income
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Both A and B
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None of the above
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Detailed explanation-1: -Tip: Institutional Source includes Co-operative Credit societies, Commercial banks, Regional rural banks, NABARD, Land developmental bank, etc., which is adopted by our country after 1969. Correct option: Option (d) All of these is the correct answer.
Detailed explanation-2: -Sources of agricultural credit can be broadly classified into institutional and non-institutional sources. Non-Institutional sources include moneylenders, traders and commission agents, relatives and landlords, but institutional sources include co-operatives, commercial banks including the SBI Group, RBI and NABARD.
Detailed explanation-3: -Institutional sources are related to institutions such as cooperatives, regional rural banks (RRBs) or scheduled commercial banks (SCBs). Non-institutional agricultural finance refers to financing support offered by traders, money lenders or other individuals like agents, landlords or even family members.
Detailed explanation-4: -Sources Agricultural Credit: Institutional sources include co-operatives, commercial banks including the SBI Group, RBI and NABARD.
Detailed explanation-5: -Co-operative Credit Societies, Commercial Banks, and. Regional Rural Banks.