Assertion (A) "The problem of rural credit is not primarily one of rural credit, it may be said to be one of rural minded credit."
Reason (R) The Indian economy has yet to come out of rural mentality.
A. Both (A) and (R) are correct
B. Both (A) and (R) are incorrect
C. (A) is correct, but (R) is incorrect
D. (R) is correct, but (A) is incorrect
Answer: Option B
Related Questions on Banking and Financial Institutions
A. 1, 2 and 3
B. 2, 3 and 4
C. 1, 2 and 4
D. 1, 2, 3 and 4
The coverage of Right to Information Act (RTI), 2005 is:
A. Whole of India
B. Whole of India, except North Eastern States
C. Whole of India, except the State of Jammu & Kashmir
D. None of the above
Second generation reforms in our country do not comprise of which one of the following?
A. Exploiting the knowledge based global economy
B. Growing Indian transnational corporations
C. Population control measures
D. Clean environment
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