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Rural credit and cooperatives: Since inception of the co-operative movement, rural credit has been… Assess the role and coverage of cooperatives in India’s rural credit delivery. Choose the correct option.

Difficulty: Medium

Predominantly supplied through cooperative credit institutions
Provided mainly by moneylenders
Exclusively delivered by commercial banks
Available only from microfinance institutions

Correct Answer: Predominantly supplied through cooperative credit institutions

Explanation:

Context

Historically, co-operative credit institutions were designed to expand rural credit access; over decades they have played a significant, though regionally varied, role.

Final Answer
Predominantly supplied through cooperative credit institutions

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