UPSC PRELIMS · ECONOMICS · COOPERATIVE BANKING — DCCBS
Consider the following statements: 1. In terms of short-term credit delivery to the agriculture sector, District Central Cooperative Banks (DCCBs) deliver more credit in comparison to Scheduled Commercial Banks and Regional Rural Banks. 2. One of the most important functions of DCCBs is to provide funds to the Primary Agricultural Credit Societies. Which of the statements given above is/are correct?
Take a breath. Choose one. Press A–D on your keyboard if you like.
EXPLANATION
Scheduled commercial banks provide the larger share of agricultural credit, while DCCBs play an important role in refinancing/providing funds to PACS.
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