The Rural Infrastructure Development Fund (RIDF) is used by the state governments to develop infrastructure in rural areas. Which of the following manages RIDF?
Q. The Rural Infrastructure Development Fund (RIDF) is used by the state governments to develop infrastructure in rural areas. Which of the following manages RIDF?
Answer: NABARD
Notes: The penalties levied on domestic commercial banks who fail to meet PSL targets is the major source of Rural infrastructure Development Fund (RIDF) funding. It is administered by NABARD.