Economics · Rural Credit & Finance
With reference to Rural Credit and Finance in India, consider the following statements: I. Rural credit growth has consistently outpaced urban credit growth since economic liberalisation in 1991. II. NABARD plays a key role in refinancing cooperative banks and Regional Rural Banks (RRBs). III. PMJDY accounts have contributed significantly to rural financial inclusion. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1I, II and III
- 2I and II only
- 3II and III only✓
- 4I only
Correct answer
II and III only
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