CBSE · Class 11 · Economics · Rural DevelopmentWhich of the following is a non-institutional source of rural credit?
Step-by-Step Solution
Landlords and moneylenders are traditional non-institutional sources of rural credit that often charge exploitative high interest rates.
Detailed Options Breakdown
Option : Commercial Banks
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Rural Development.
Option 1: Cooperative Credit Societies
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Rural Development.
Option 2: Landlords (Correct Answer)
Correct choice. Refer to the step-by-step verified solution guidelines above for details.
Option 3: NABARD
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Rural Development.
💡 Study Guide: This question tests core syllabus concepts from Rural Development. For formulas, key summaries, and mock exam reference guides, read the full Rural Development Revision Notes.