Q. Which of the following is an apex financing agency for the institutions providing investment and production credit for promoting the various developmental activities in rural areas ?
Answer: NABARD
Notes: The correct answer is NABARD (National Bank for Agriculture and Rural Development). Established in 1982, NABARD is the apex development bank in India focused on rural development and agriculture. It provides credit and develops financial institutions in rural areas, supporting initiatives like microfinance and self-help groups. NABARD plays a crucial role in implementing government schemes aimed at rural infrastructure and poverty alleviation.