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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


Team Careers360 11th Jan, 2024
Answer (1)
Team Careers360 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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