Maharashtra State BoardHSC Commerce 11th
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Assertion (A) : Non-institutional finance forms an important part of rural credit. Reasoning (R) : Small farmers are unable to access bank credit because of borrower unfriendly products. - Economics

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MCQ

Assertion and Reasoning – choose the correct answer from the following :

Assertion (A): Non-institutional finance forms an important part of rural credit.

Reasoning (R): Small farmers are unable to access bank credit because of borrowers' unfriendly products.

Options

  • (A) is true, but (R) is False

  • (A) is false, but (R) is True

  • Both (A) and (R) are true and (R) is the correct explanation of A

  • Both (A) and (R) are true, but (R) is not the correct explanation of A

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Solution

Both (A) and (R) are true, but (R) is not the correct explanation of A.

Concept: Rural Development in India
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APPEARS IN

Balbharati Economics 11th Standard HSC Maharashtra State Board
Chapter 5 Rural Development in India
Exercise Q.3 | Q 4 | Page 35
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