MCQ
Rural credit system assumes importance because _____________
  • A
    it leads to an increase in rural income.
  • savings are inadequate to finance farming and other economic activities.
  • C
    it leads to the overall development of the rural areas.
  • D
    it leads to a reduction in rural inequality.

Answer

Correct option: B.
savings are inadequate to finance farming and other economic activities.
savings are inadequate to finance farming and other economic activities.

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