Multiple choice

Directions: Which one is the correct option:

In India Land Development banks are owned by

  1. RBI

  2. State Government

  3. Land Owners and Zamindars

  4. Cooperative Societies
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Land Development Banks in India are owned and controlled by State Governments. These banks provide long-term credit for agricultural activities like land development, farm mechanization, and minor irrigation. They are regulated by the Reserve Bank of India but owned by state governments.

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