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UPSC 2013: Which of the following grants/grant direct credit assistance to rural households? 1. Regional Rural Banks 2. National Bank for Agriculture and Rural Development 3. 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
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Not attemptedCorrect Answer: (c) 1 and 3 only
Regional Rural Banks lend directly to small and marginal farmers and other rural households, while Land Development Banks provide long-term mortgage credit to land-owning farmers—both therefore extend direct credit. NABARD is largely an apex refinancing body and, except for a few pilot schemes, does not lend straight to individual households. Hence only statements 1 and 3 are correct (option c). ([drishtiias.com](https://www.drishtiias.com/current-affairs-news-analysis-editorials/news-analysis/03-08-2022?utm_source=openai))
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Frequently Asked Questions
What is the correct answer to this UPSC 2013 Indian Economy question?▼
The correct answer is option (c): 1 and 3 only. Watch the detailed video explanation in our Sherlocking Prelims course on UnlockIAS.
Which year was this Agriculture & Rural Development question asked in UPSC Prelims?▼
This question was asked in UPSC CSE Prelims 2013, GS Paper 1, as Question 100. It falls under Indian Economy > Agriculture & Rural Development.
What is the difficulty level of this UPSC question?▼
This question is rated "moderate". It requires sound conceptual understanding of the topic.
How many UPSC Prelims questions have been asked from Agriculture & Rural Development?▼
UPSC has asked 60 questions from Agriculture & Rural Development (under Indian Economy) across multiple years. Visit the topic page to see the full list and year-wise trends.