Correct Answer: Regional Rural Banks (RRBs)

Solution : The correct answer is (d) Regional Rural Banks (RRBs).

Regional Rural Banks (RRBs) are financial institutions established by the Government of India with the objective of providing banking and credit facilities to rural areas and agriculture-related activities. RRBs are created through a partnership between the Central Government, State Governments, and sponsor banks.

RRBs primarily focus on meeting the credit requirements of the rural sector, including farmers and agricultural activities. They provide short-term agricultural credit to farmers for various purposes such as crop cultivation, purchase of agricultural inputs, farm machinery, working capital requirements, and other related activities.

RRBs play a crucial role in supporting rural agriculture by extending credit facilities to farmers at affordable interest rates, with flexible repayment terms and customized loan products to meet the specific needs of the agricultural sector.