A

Admin • 802.91K Points
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Q. Which bank is limited to the needs of agriculture and rural finance ?

  • (A) SBI
  • (B) RBI
  • (C) IFC
  • (D) NABARD
  • Correct Answer - Option(D)
  • Views: 1
  • Filed under category Economic
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Explanation by: Admin
National Bank for Agriculture and Rural Development (NABARD) was established on 12 July 1982 by a special act by the parliament and its main focus was to uplift rural India by increasing the credit flow for elevation of agriculture & rural non-farm sector.

It has been accredited with “matters concerning policy, planning and operations in the field of credit for agriculture and other economic activities in rural areas in India”.

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