Q. Which among the following are constituents of institutional credit delivery system in India?
Answer: Regional Rural Banks , Commercial Banks and Cooperative Credit Institutions
Notes: The correct answer is "Regional Rural Banks, Commercial Banks and Cooperative Credit Institutions." In India, the institutional credit delivery system comprises various financial institutions that provide credit to different sectors. 1. Commercial Banks: These are the primary financial institutions that offer a wide range of banking services, including loans to individuals and businesses. 2. Cooperative Credit Institutions: These are cooperative societies that provide credit to their members, often focusing on agriculture and rural development. 3. Regional Rural Banks (RRBs): Established in 1975, RRBs aim to provide credit and develop the rural economy, catering specifically to the needs of rural and semi-urban areas. Together, these institutions form a comprehensive network to ensure credit availability across diverse segments of the economy, particularly in rural areas.