App Logo

No.1 PSC Learning App

1M+ Downloads
What is a key objective of LAB (Local Area Bank)s with regard to rural savings?

AInvest in urban projects

BPark funds with international institutions

CMobilize rural savings for local lending

DOnly provide term loans

Answer:

C. Mobilize rural savings for local lending

Read Explanation:

.


Related Questions:

---- insurance compensates the insured against loss of money, while it is being carried from office to bank or bank to office or branch.
KCC is ----
--- means selling of insurance policies and products through banking firms.
Who was the 3rd Governor of RBI ?
RBI ACT came in to existence ---