12th Class Economics Rural Development Question Bank MCQs - Rural Development in India

  • question_answer
    The main objective for setting up a thrift and credit society in 1995 was to

    A) enhance agricultural productivity by granting loans to the farmers at a lower rate of interest

    B) act as a small savings bank for poor women with an objective to encourage savings

    C) act as a lender of last resort in terms of providing loans to the farmers

    D) All of the above

    Correct Answer: B

    Solution :

    act as a small savings bank for poor women with an objective to encourage savings


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