3 Views

Question : ___________ is a financial institution that provides long-term credit for agriculture and rural development.

 

Option 1: Agricultural Finance Corporation

Option 2: Rural Development Bank

Option 3: Small Industries Development Bank of India (SIDBI)

Option 4: National Bank for Agriculture and Rural Development (NABARD)


Recommended : Get important details about BEL First Grade College, Bangalore. Download Brochure
Team Careers360 1st Jan, 2024
Answer (1)
Team Careers360 6th Jan, 2024

Correct Answer: National Bank for Agriculture and Rural Development (NABARD)


Solution : The correct answer is (d) National Bank for Agriculture and Rural Development (NABARD).

NABARD is a financial institution in India that specifically focuses on providing long-term credit and support for agriculture and rural development. It was established in 1982 as an apex development bank by the Government of India.

NABARD's primary role is to provide financial assistance and refinancing to various institutions involved in agricultural and rural development, such as regional rural banks, cooperative banks, and state governments. It offers loans, grants, and other financial services to promote agricultural and rural activities, including crop production, livestock farming, rural infrastructure development, and rural entrepreneurship.

Compare Colleges

College Comparison based on Courses, Placement, Rank, Fee

Compare Now

Know More About

Related Questions

Parul University BBA Admissio...
Apply
India's youngest NAAC A++ accredited University | NIRF rank band 151-200 | 2200 Recruiters | 45.98 Lakhs Highest Package
UPES Dehradun | B.Com Admissi...
Apply
#41 in NIRF | 50 LPA Highest CTC, Ranked #1 in Academic Reputation in India by QS World University Rankings
Amity University BA Admission...
Apply
Ranked amongst the top 3% of universities globally (QS Rankings)
UPES | BBA Admissions 2025
Apply
#41 in NIRF, NAAC ‘A’ Grade | 100% Placement, up to 30% meritorious scholarships
Amity University, Noida BBA A...
Apply
Ranked amongst top 3% universities globally (QS Rankings)
Pearl Academy BBA 2025
Apply
No. 1 Design & Fashion Institute by ASSOCHAM, India Today, Outlook and The Week rankings
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books