Economics · Rural Credit

Which institutional source has emerged as one of the most important formal sources of credit to farmers in rural India?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Cooperative societies and agencies✓
2Private non-banking financial companies
3Local moneylenders
4Foreign institutional buyers

Correct answer

Cooperative societies and agencies

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Which institutional source has emerged as one of the most important formal sources of credit to farmers in rural India?

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Which institutional source has emerged as one of the most important formal sources of credit to farmers in rural India?

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