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Indian economy miscellaneous

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Indian economy miscellaneous
  1. The Reserve Bank of India
    1. provides direct fiancee to agriculture
    2. provides finance to primary cooperative societies
    3. provides finance to state cooperative banks
    4. does not provide finance to agriculture
Correct Option: D

The agricultural policy of the Government of India envisages substantial credit flow to increase agricultural production and productivity. Banks provide term finance to farmers for development purposes and short term loans for production purposes. Besides, NABARD provides its refinance for the promotion of agriculture in India.


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