NextMockSearch exams, e.g. SSC CGL, UPPSC, Lekhpal
हिंदी
UPSC PYQPrelims 2020

Civil Services Examination · Question 59

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?

  1. 1 only
  2. 2 only
  3. Both 1 and 2
  4. Neither 1 nor 2
Show answer & explanation

Answer: (B) 2 only

Explanation

Scheduled commercial banks provide the largest share of agricultural credit. DCCBs sit in the middle tier of the short-term cooperative structure and fund PACS.