Question : Who helps to integrate formal credit systems into rural societies?
Option 1: Land development banks
Option 2: Self-help groups
Option 3: Regional rural banks
Option 4: Commercial banks
Correct Answer: Self-help groups
Solution : Self-help group helps to integrate formal credit systems into rural societies. It can be defined as a self-governed, peer-controlled information group of people with similar socio-economic backgrounds and having a desire to collectively perform a common purpose. Hence option b is the correct answer.
Question : Which form of formal credit had fully integrated itself into the entire development of rural society and community?
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 is not a part of the institutional structure of rural banking?
Question : What is the name of India's top funding organization for rural credit?
Question : Which of the following sponsors Regional Rural Banks (RRBs)?
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