UPSC Prelims 2013 – Question 50

Q: Which of the following grants/grant direct credit assistance to rural households?

• Regional Rural Banks
• National Bank for Agriculture and Rural Development
• Land Development Banks

Select the correct answer using the codes given below.

a) 1 and 2 only
b) 2 only
c) 1 and 3 only
d) 1, 2 and 3

Correct Answer: Option (c)

• The Regional Rural Banks and the Land Development Banks grant direct credit assistance to rural households. NABARD do not provide direct assistance. It “refinance” the assistance by other institutions. Hence, option (c) is correct.

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