Question : Which form of formal credit had fully integrated itself into the entire development of rural society and community?
Option 1: Self-help groups
Option 2: Rural regional banks
Option 3: Commercial banks
Option 4: None of the above
Correct Answer: Self-help groups
Solution : Self Help groups had fully integrated themselves into the entire development of rural society and the community Self Help groups are groups of rural poor people (especially women). The idea is to help them organize themselves, help them financially, provide them with work, and help them in other matters including domestic issues. Hence option a is the correct answer.
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
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
Option 1: Only A
Option 2: Only B
Option 3: Only C
Option 4: All of the above
Question : What is the name of India's top funding organization for rural credit?
Option 1: National Bank for Agriculture and Rural Development (NABARD)
Option 2: Regional rural banks
Question : Which of the following is not a part of the institutional structure of rural banking?
Option 1: Moneylenders
Option 4: Cooperative and land development banks
Question : Which of the following is a function of the National Bank for Agriculture and Rural Development (NABARD)?
Option 1: Regulating the securities market
Option 2: Providing credit facilities to agriculture and rural sectors
Option 3: Regulating the functioning of commercial banks
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