Previous year MCQs

Economy UPPSC 2010 GS-I
Question

Which of the following provides the largest credit to agriculture and allied sectors?

Answer & Solution

Answer: (Detailed Solution Below)

Option C: Commercial Banks

Detailed Solution:

The correct answer is “Commercial Banks”.
Commercial banks provide the largest share of credit to agriculture and allied activities in India, disbursing about 60% of credit. Cooperative banks provide around 30% of credit.

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