Maharashtra State BoardHSC Commerce 11th
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Complete the following statements : Rural credit system assumes importance because _________ - Economics

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MCQ
Fill in the Blanks

Complete the following statement:

Rural credit system assumes importance because _________

Options

  • It leads to an increase in the rural income

  • Savings are inadequate to finance farming and other economic activities

  • It leads to the overall development of the rural areas

  • It leads to a reduction in rural inequality

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Solution

Rural credit system assumes importance because savings are inadequate to finance farming and other economic activities.

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.1 | Q 1 | Page 34
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