ECONOMICS
HUMAN CAPITAL
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Money lenders
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Relatives
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Traders
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Land Development Banks
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Detailed explanation-1: -[dummy] Which of the following is a non-institutional source of rural credit? Money lenders are institutional sources of agricultural credit. More items
Detailed explanation-2: -Which of the following is not a source of rural credit ? a)Regional rural banksb)Moneylendersc)Tradersd)GovernmentCorrect answer is option ‘D’.
Detailed explanation-3: -Institutional sources of credit involves loans provided by commercial banks such as RBI and SBI and by co-operatives whereas Non-institutional source of credit includes those which provide loan such as traders, moneylenders, commission agents, landlords and relatives.
Detailed explanation-4: -Detailed Solution. The correct answer is BCCI.
Detailed explanation-5: -Non-Institutional sources include moneylenders, traders and commission agents, relatives and landlords. Agricultural credits given by these sources are called non-institutional credit.