40 Views

Question :

Which one of the following disburses long-term loans to private industry in India?

Option 1:

Food Corporation of India

Option 2:

Life Insurance Corporation of India

Option 3: Primary Credit Society

Option 4: Land Development Banks


Recommended : Get important details about BEL First Grade College, Bangalore. Download Brochure
Team Careers360 21st Jan, 2024
Answer (1)
Team Careers360 23rd Jan, 2024

Correct Answer: Land Development Banks


Solution : The correct answer is Land Development Banks .

The Land Development Bank is a commercial type of bank in India. The first bank was initiated in 1960 in Punjab to develop land and agriculture. It provides medium and long-term loans to small and medium-scale industries.

Compare Colleges

College Comparison based on Courses, Placement, Rank, Fee

Compare Now

Know More About

Related Questions

Amity University, Noida B.Com...
Apply
Ranked as India’s #1 Not for profit pvt. University by India Today
Chandigarh University Admissi...
Apply
Ranked #1 Among all Private Indian Universities in QS Asia Rankings 2025 | Scholarships worth 210 CR
Amity University | BCA Admiss...
Apply
Ranked amongst top 3% universities globally (QS Rankings)
VIT Chennai BBA Hons./B.Com H...
Apply
#10 in India by NIRF Ranking | Institution of Eminence by Govt. of India | Scholarships Available | Highest CTC 88 LPA
Amity University, Noida BBA A...
Apply
Ranked amongst top 3% universities globally (QS Rankings)
UPES | BBA Admissions 2025
Apply
#41 in NIRF, NAAC ‘A’ Grade | 100% Placement, up to 30% meritorious scholarships | Last Date to Apply: 28th March
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books