Economics · Economy
Which of the following statements is true about rural development in India?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1NABARD was set up as a development bank in 1991 for fostering rural prosperity.
- 2Self-Help Groups are associated with the 'Micro-Finance' programme.✓
- 3Traders and Commission Agents are an institutional source of rural credit.
- 4Regional Rural Banks are non-institutional sources of rural credit.
Correct answer
Self-Help Groups are associated with the 'Micro-Finance' programme.
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