Economics · Economy
What is the primary objective behind setting up Regional Rural Banks (RRBs) in India?
- 1Providing long-term finance exclusively to large corporate industries
- 2Providing comprehensive crop insurance facilities directly to farmers
- 3Promotion of large-scale export-import trading activities
- 4Developing the rural economy by providing credit to small farmers and artisans✓
Correct answer
Developing the rural economy by providing credit to small farmers and artisans
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