Which of the following grants/grant direct credit assistance to rural households?<br/>1. Regional Rural Banks<br/>2. National Bank for Agriculture and Rural Development<br/>3. Land Development Banks<br/><br/>Select the correct answer using the codes given below.

1. Regional Rural Banks — They are scheduled commercial banks created to provide direct credit to rural households, especially small/marginal farmers, artisans and weaker sections. Verdict: Correct.

2. National Bank for Agriculture and Rural Development (NABARD) — NABARD is an apex refinance and development institution; it mainly provides refinance/support to banks, not direct credit to rural households. Verdict: Incorrect.

3. Land Development Banks — These cooperative institutions provide direct long-term credit to farmers/rural borrowers for land development and agricultural investment. Verdict: Correct.

Hence, 1 and 3 only grant/directly provide credit assistance to rural households.