The apex institution in India for financing agricultural and rural sector is __?

The apex institution in India for financing agricultural and rural sector is __?
[A]Small Industries Development Bank of India (SIDBI)
[B]Reserve Bank of India (RBI)
[C]National Bank for Agriculture and Rural Development (NABARD)
[D]Regional Rural Banks(RRBs)

National Bank for Agriculture and Rural Development (NABARD)
National Bank for Agriculture and Rural Development (NABARD) is the apex institution for financing agricultural and rural sectors. It provides both short-term and long-term credits through regional rural banks and also provides financial assistance in the field of agriculture, small-scale industries, cottage and village industries, handicrafts and allied economic activities in rural areas.

Advertisement

Category: Banking Exams Material Section

This question "The apex institution in India for financing agricultural and rural sector is __?" was published on GKToday on May 17, 2015 at 3:49 pm. For Current Affairs Questions Archive Click Here. For General Knowledge Questions Archive Click Here.

Comments