Which of the statement is correct regarding Land Development Banks? I. It provides long term rural credit for land improvement, soil conservation and other investments of a capital nature. II. LDBs have now been renamed as State Co operative Agricultural and Rural Development Banks (SCARDBs) III. They raise their funds through long term debentures offering state government guarantee, and refinancing from NABARD.

Which of the statement is correct regarding Land Development Banks? I.

1.	Which of the statement is correct regarding Land Development Banks? I. It provides long term rural credit for land improvement, soil conservation and other investments of a capital nature. II. LDBs have now been renamed as State Co operative Agricultural and Rural Development Banks (SCARDBs) III. They raise their funds through long term debentures offering state government guarantee, and refinancing from NABARD.
A.	I & II
B.	II & III
C.	Only II
D.	All the above
Answer» E.

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