Q. Consider the following statements regarding the Rural Infrastructure Development Fund (RIDF):

1. The RIDF was established in 1995-96.
2. It is maintained by the National Bank for Agriculture and Rural Development (NABARD).
3. The primary objective is to extend loans to State Governments and State-owned corporations for completing ongoing rural infrastructure projects.

Which of the statements given above is/are correct?
Answer: 1, 2 and 3
Notes: All statements are correct. The Rural Infrastructure Development Fund (RIDF) was setup by the Government of India in 1995-96 and is maintained by NABARD. The fund is dedicated to providing loans to State Governments and State-owned corporations for the completion of ongoing rural infrastructure projects to boost development in rural areas.