Question : Which of the following sources of rural loans is institutional?
A: Regional Rural Bank
B: Landlords
C: Traders
Option 1: Only A
Option 2: Only A and B
Option 3: Only B and C
Option 4: All of the above
Answer (1)
10th Jan, 2024
Correct Answer: Only A
Solution :
Organizations under the supervision of the government or the nation's central bank are referred to as institutional sources of credit.
The four major sources of institutional credit are co-operatives, commercial banks, regional rural banks, and government departments.
Hence option a is the correct answer.
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