Question

What did the AIRCRC committee recommend regarding the debentures issued by State Co-operative Agriculture and Rural Development Banks (SCARDB)?

• A. They should be issued to farmers directly
• B. They should be purchased by RBI and State Governments
• C. They should be abolished
• D. They should be sold to private banks

Answer 1

Answer:

B. They should be purchased by RBI and State Governments

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