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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.