Question

A key structural insight of the All India Rural Credit Survey (Committee on Co-operative Credit) was the “overdues problem.” What policy remedy did it emphasize to address this?

• A. Increased interest rates to discourage borrowing.
• B. Abolishing co-operatives and promoting private lending.
• C. Focusing solely on increasing the volume of credit disbursement without addressing recovery.
• D. State partnership in co-operatives coupled with professional supervision and linking credit with marketing

Answer 1

Answer:

D. State partnership in co-operatives coupled with professional supervision and linking credit with marketing

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