Since the inception of the cooperative movement, rural credit has been:
- AInstitutionalised
- BRationalised
- CCheapened
- DAll of the above
Solution & Step-by-step Explanation
The introduction and scaling up of the cooperative credit societies and rural banking structures helped institutionalize the delivery of credit, rationalized credit limits according to cultivation needs, and offered cheaper alternative interest rates compared to traditional village moneylenders. Hence, all the dimensions are correct.