2013 · EconomyPrevious Year Question
Q50.
Which of the following grants/grant direct credit assistance to rural households? 1. Regional Rural Banks 2. National Bank for Agriculture and Rural Development 3. Land Development Banks Select the correct answer using the codes given below.
A. 1 and 2 only
B. 2 only
C. 1 and 3 only
D. 1, 2 and 3
Answer

C

Explanation

NABARD does not provide direct credit assistance. It 'refinances' the assistance by other institutions. Regional Rural Banks and Land Development Banks provide direct credit to rural households.