Social Science · Panchayati Raj and Rural Development
Under the 'Panchasutra' principles fundamental to accessing institutional funds like the Revolving Fund in rural missions, which of the following represents the correct combination?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Exclusively commercial external loans, manual drafting, subsidized interest rules
- 2Mandatory external bank audits, quarterly meetings, zero internal credit
- 3Regular meetings, regular savings, regular internal lending, timely repayment, up-to-date books of accounts✓
- 4Irregular meetings, discretionary savings, variable membership, high interest
Correct answer
Regular meetings, regular savings, regular internal lending, timely repayment, up-to-date books of accounts
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