GK
CO OPERATION CO OPERATIVE SOCIETIES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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In 1970 the Reserve bank of India set up the ____ for the review of rural credit system.
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Committee of Direction of the Rural Credit Survey
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National Cooperative Development Corporation
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AllIndiaRural Credit Review Committee
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All of the above
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Explanation:
Detailed explanation-1: -The correct answer is R. V. Gupta committee. Kisan Credit Card (KCC) is a credit scheme introduced in August 1998. The model of the scheme was prepared by NABARD on the recommendation of R. V. Gupta committee.
Detailed explanation-2: -This finding of Report of the All India Rural Credit survey (RBI, 1954), AIRCS henceforth, had laid the foundation stone for furthering the role of institutional credit to rural sector through formal channel of cooperatives and commercial banks.
There is 1 question to complete.