ECONOMICS
HUMAN CAPITAL
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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insufficient rural credit
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growing overdues
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inadequate amount of sanction
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all of these
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Detailed explanation-1: -Ans. The main problems faced by Regional Rural Banks are political interference, inadequate capital, and lack of trained personnel. Ans.
Detailed explanation-2: -Lack of co-ordination. Regional Imbalance. Inadequate finance.
Detailed explanation-3: -Rural banking refers to providing banking services to individuals living in rural. areas. Rural banking has become integral to the Indian financial markets with a. majority of Indian population still living in rural or semi-urban areas.
Detailed explanation-4: -Rural banking has not been able to give adequate credit to farmers. This is mainly due to lack of proper infrastructure and instruments to dispense credit to needy farmers. It has also failed to develop a culture of deposit mobilisation, lending to worthwhile borrowers and effective loan recovery.