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Assertion (A): A major change occurred after 1969 when India adopted social banking and multiagency approach to adequately meet the needs of rural creditReason (R): National Bank for Agriculture and Rural Development (NBARD) was set up in 1969 as an apex body to coordinate the activities of all institutions involved in the rural financing system

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Assertion (A): A major change occurred after 1969 when India adopted social banking and multiagency approach to adequately meet the needs of rural credit<br>Reason (R): National Bank for Agriculture and Rural Development (NBARD) was set up in 1969 as an apex body to coordinate the activities of all institutions involved in the rural financing system






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