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Question : Which of the following is not a function of the NABARD?

 

Option 1: Regulating the agriculture sector

Option 2: Providing credit to agriculture and rural sectors

Option 3: Developing rural infrastructure

Option 4: Regulating the stock market


Team Careers360 12th Jan, 2024
Answer (1)
Team Careers360 25th Jan, 2024

Correct Answer: Regulating the stock market


Solution : The correct answer is (d)  Regulating the stock market.

Regulating the stock market is not a function of the National Bank for Agriculture and Rural Development (NABARD). NABARD is a specialized development bank in India that primarily focuses on the promotion and development of the agriculture and rural sectors.

However, the regulation of the stock market falls under the jurisdiction of the Securities and Exchange Board of India (SEBI), which is the regulatory authority for the securities market in India.

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