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
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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