Social Sciences, asked by devi8dy7Manthapoorva, 1 year ago

List any six sources of credit operating generally in India villages

Answers

Answered by k23
52
1 moneylenders
2 landlords
3 merchants
4 banks (in some villages)
5 cooperative houses such as SHGs
6 rich farmers
Answered by mindfulmaisel
8

The six sources of ‘credit operating’ generally in India villages are:  

1. ‘Co-Operative Credit Societies’  

2. Land Development Banks  

3. Commercial Banks  

4. ‘Regional Rural Banks’

5. Moneylenders  

6. The Government

Explanation:

  • The co-operative societies are an important source of rural credit and they are considered to be the cheapest.  
  • The Land Development Banks offer long term loans to the farmers. The commercial banks are ensuring easy flow of credit towards the agriculture and small-scale industries.  
  • The regional rural banks were set up to take care of the needs of small and marginal farmers.  
  • Moneylenders are still operating and helping farmers in rural areas.

Learn more about India villages

Do you think villages can be treated as 'little republics' ? Critically discuss 500 words

https://brainly.in/question/1188847

Why are most villages in India are not yet 'modern'?

https://brainly.in/question/1022375

Similar questions