MP Board · Class 11 · Economics · Rural DevelopmentWhich of the following is an institutional source of rural credit?
Step-by-Step Solution
Regional Rural Banks (RRBs) are a major institutional source of rural credit established to provide credit and other facilities to small and marginal farmers.
Detailed Options Breakdown
Option : Money lenders
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Rural Development.
Option 1: Traders
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Rural Development.
Option 2: Regional Rural Banks (Correct Answer)
Correct choice. Refer to the step-by-step verified solution guidelines above for details.
Option 3: Relatives
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.