Banking General Awareness Banking Regulation System of India Question Bank Practice Questions - Credit Functions of Banks

  • question_answer
    Land development banks provide long- term credit for schemes of basic importance to agriculture as

    A)  minor irrigation purposes like wells, dug-cum-bore wells, tubewells, pump sets and irrigation tanks

    B)  mechanisation of agriculture i.e., loans for purposes of tractors, power tillers, threshers, etc

    C)  land reclamation, soil conservation, plantation of fruit orchards, dairy development schemes etc involving  heavy expenditure                     

    D)  Both [a] and [b]

    E)  All of these

    Correct Answer: E


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