Question : What is the name of India's top funding organization for rural credit?
Option 1: National Bank for Agriculture and Rural Development (NABARD)
Option 2: Regional rural banks
Option 3: Regional rural banks
Option 4: None of the above
Answer (1)
18th Jan, 2024
Correct Answer:
National Bank for Agriculture and Rural Development (NABARD)
Solution :
India's premier development financial institution is called NABARD. Regarding policy, planning, and operations in the area of credit for agriculture and other economic activities in rural areas of India, it was founded in 1982.
Hence option a is the correct answer.
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