ECONOMICS
HUMAN CAPITAL
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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landlords
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village traders
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money lenders
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all of these
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Detailed explanation-1: -Landlords, village traders, and moneylenders are the three important sources of non-institutional rural credit in India. Q.
Detailed explanation-2: -Non-Institutional sources include moneylenders, traders and commission agents, relatives and landlords. Agricultural credits given by these sources are called non-institutional credit.
Detailed explanation-3: -1. 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: -The correct option is D. RURAL CREDIT-NON INSTITUTIONAL AND-INSTITUTIONAL SOURCES The credit requirements of Indian farmers are met by many agencies. They constitute money lenders, trades, commission agents, land lords, relatives, commercial banks, cooperatives etc. 1 Crore+ students have signed up on EduRev.
Detailed explanation-5: -Cooperative Credit Society. Commercial Bank. Regional Rural Banks.