Multiple choice

Commercial banks finance rural credit directly and through

  1. NABARD

  2. Rural banks

  3. Cooperative societies

  4. State Govt

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Commercial banks in India provide rural credit both directly and through Regional Rural Banks (RRBs). RRBs were established specifically to provide banking services to rural areas, combining the cooperative spirit with professional banking. They are sponsored by commercial banks but operate in rural sectors.