Question : Which of the following sources of rural loans is an institutional source?
Option 1: Cooperative Credit
Option 2: Banks for Land Development
Option 3: NABARD
Option 4: All of the above
Answer (1)
21st Jan, 2024
Correct Answer: All of the above
Solution :
Financial resources raised by institutions other than commercial banks are referred to as institutional sources of funding.
Cooperatives, commercial banks, regional rural banks, and government agencies make up the four main sources of institutional credit.
Hence option d is the correct answer.
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