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The institutional… (Class 12 Economics SQP 2024-25, Q22)

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EconomicsCBSE Class 12 · Sample paper, session 2024-25 · 1 mark · MCQ

CBSE Class 12 Economics sample paper 2024-25: question 22

From the official CBSE sample question paper for 2024-25, section B, question 22, for 1 mark. Try it first; the hints and our step-by-step solution are below.

Q22 · 1 mark · MCQRural Development

The institutional structure of rural banking in contemporary India consists of a set of multi-agency institutions, namely, _________________.
(Choose the correct option to fill up the blank)
(i) Regional Rural Banks (ii) Cooperative Banks
(iii) Land Development Banks (iv) Commercial Banks

  1. (A)(i) and (iv)
  2. (B)(i), (iii) and (iv)
  3. (C)(i), (ii) and (iii)
  4. (D)(i), (ii), (iii), and (iv)

Source: official sample paper from cbseacademic.nic.in (PDF). See it in the full Sample paper 2024-25.

Hints

Open one hint at a time and try again before the next.

Hint 1

Which of these lend in villages?

Hint 2

Multi-agency means several types together.

Step-by-step solution

Each step shows the marks it earns, as an examiner would award them. Checked by an independent re-solve from the question paper.

  1. The rural banking structure in India is a multi-agency system.

  2. It includes commercial banks, regional rural banks, cooperative banks and land development banks: all four. Option (D).

    1 mark

Answer: (D) (i), (ii), (iii), and (iv)

Where the marks are

  • All four institutions form rural banking (1 mark)

Revise the chapter

Practise this chapterBoard-style questions from Rural Development, one at a time, marked against the answer key and marking points.Back to the full paperSample paper 2024-25: every question, by section.

The question is transcribed from the official paper; figures are described in words. The solution, hints and chapter tag are ours. Spotted an error? Write tosupport@questionbuddy.in.