1. Regional Rural Banks |
2. National Bank for Agriculture and Rural Development |
3. Land Development Banks |
A) 1 and 2 only
B) 2 only
C) 1 and 3 only
D) 1, 2 and 3
Correct Answer: C
Solution :
Land development bank started financing long term loan for more significant rural development activities like rural and cottage industries, rural artisans etc. The main purpose of RRB's is to mobilize financial resources from rural / semi-urban areas and grant loans and advances mostly to small and marginal farmers, agricultural laborers and rural artisans.You need to login to perform this action.
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