Question : The issues in rural banking are as follows: a) Insufficient rural credit b) Growing overdue c) Inadequate amount of sanction
Option 1: Only A
Option 2: Only B and C
Option 3: Only A and B
Option 4: All of the above
Correct Answer: All of the above
Solution : The bandwidth issue and rural connectivity are the main issues. Lack of credit history, inability to prove income, lack of financial literacy, growing debt, and insufficient amount of sanctions are the main issues in rural banking. Hence option d is the correct answer.
Question : lingering challenges contain: A: Rural credit B: Rural Marketing C: Unemployment
Question : Institutional sources of credit include A: Commercial bank B: Regional rural bank C: Money lenders
Question : Which of the following sources of rural loans is institutional? A: Regional Rural Bank B: Landlords C: Traders
Question : Which source of credit had emerged to fully integrate the formal credit system into the overall rural social and community development? A: Land development banks B: Self-help groups C: Regional rural banks
Question : Which of the following statements regarding self-help organizations is untrue? A: They were introduced in 1982 B: They are a small group of rural residents. C: They assist rural low-income people in gaining access to credit system advantages.
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile