The institutional structure of rural banking today consists of a set of multi-agency institutions except the __________.
(Choose the correct alternative to fill in the blank)
The institutional structure of rural banking today consists of a set of multi-agency institutions except the __________.
(Choose the correct alternative to fill in the blank)
Show Hint
- Commercial Banks
- Regional Rural Banks (RRBs)
- Land Development Banks (LDBs)
- Private Money-lenders
The Correct Option is D
Solution and Explanation
Rural banking in India follows a multi-agency approach. This means many institutional agencies together provide credit to farmers and rural households.
The question asks for the one agency that is NOT part of this institutional structure.
Step 2: Check option (A) Commercial Banks:
Commercial banks have opened many rural branches and lend to farmers. They are a part of the institutional structure. So (A) is not the answer.
Step 3: Check option (B) Regional Rural Banks:
RRBs were set up to give credit to small and marginal farmers and rural artisans. They are institutional agencies. So (B) is not the answer.
Step 4: Check option (C) Land Development Banks:
LDBs give long-term loans for land improvement and purchase of equipment. They are a part of the institutional structure. So (C) is not the answer.
Step 5: Check option (D) Private Money-lenders:
Money-lenders are individuals who lend on their own terms and are not regulated like banks. They are a non-institutional (informal) source of credit.
So they are the exception, and (D) is the answer.
Final Answer:
Private money-lenders are not part of the institutional multi-agency structure. The correct option is (D).
Top CBSE CLASS XII Economics Questions
___________ farming is a system that is helpful in restoring, maintaining and enhancing the ecological balance.
(Choose the correct alternative to fill in the blank):The present day rapid industrial growth in China can be traced back to the economic reforms introduced in 1978, where ________ .
(Choose the correct alternative to fill in the blank):
(i) Initially reforms were initiated in agriculture, foreign trade and investment sectors.
(ii) The policy of dual pricing was adopted.
(iii) The Government revoked the policy of Special Economic Zones.Read the following statements: Assertion (A) and Reason (R). Choose the correct alternative from those given below:
Assertion (A): In the recent past, Indian economy has been facing the problem of jobless growth.
Reason (R): Jobless growth refers to a situation where an economy is able to produce more goods and services without generating additional employment.Read the following statements carefully:
Statement 1: India, Pakistan, and China have similar physical endowments but totally different political systems.
Statement 2: Both India and Pakistan laid great emphasis on creating a large private sector.Read the following statements carefully:
Statement 1: India, Pakistan and China have similar physical endowments, but totally different political systems.
Statement 2: Both India and Pakistan laid great emphasis on creating a large private sector.
Top CBSE CLASS XII Indian Economy Questions
_______ farming is a system that is helpful in restoring, maintaining and enhancing the ecological balance.
(Choose the correct alternative to fill in the blank):Read the following statements: Assertion (A) and Reason (R). Choose the correct alternative from those given below:
Assertion (A): In the recent past, Indian economy has been facing the problem of jobless growth.
Reason (R): Jobless growth refers to a situation where an economy is able to produce more goods and services without generating additional employment.- “The Government of India has taken various measures to align the agricultural marketing system with the growing production activities in the rural areas.”
Do you agree with the given statement? Give any two valid reasons in support of your answer. - “The participation rate of people in economic activities in rural areas is more than that in urban areas.”
Justify the given statement. “An increase in the credit creation capacity of commercial banks has a direct impact on the money supply in an economy.”
Discuss the given statement.
Top CBSE CLASS XII Questions
- 2, b, c are in A.P. and the range of determinant $\begin{vmatrix}1&1&1\\ 2&b&c\\ 4&b^{2}&c^{2}\end{vmatrix}$ is [2, 16]. Then find range of c is
- A boy of mass 50 kg is standing at one end of a, boat of length 9 m and mass 400 kg. He runs to the other, end. The distance through which the centre of mass of the boat boy system moves is
- A capillary tube of radius r is dipped inside a large vessel of water. The mass of water raised above water level is M. If the radius of capillary is doubled, the mass of water inside capillary will be
- A circular disc is rotating about its own axis. An external opposing torque 0.02 Nm is applied on the disc by which it comes rest in 5 seconds. The initial angular momentum of disc is
- A circular disc is rotating about its own axis at uniform angular velocity \(\omega.\) The disc is subjected to uniform angular retardation by which its angular velocity is decreased to \(\frac {\omega}{2}\) during 120 rotations. The number of rotations further made by it before coming to rest is