Complete the following statements : Rural credit system assumes importance because _________ - Economics

QUESTION

Complete the following statement:

Rural credit system assumes importance because _________

Options

• It leads to an increase in the rural income

• Savings are inadequate to finance farming and other economic activities

• It leads to the overall development of the rural areas

• It leads to a reduction in rural inequality

MCQ

Fill in the Blank

SOLUTION

Rural credit system assumes importance because savings are inadequate to finance farming and other economic activities.