UPSC Economics Indian Economy / भारतीय अर्थव्यवस्था Question Bank Agriculture

  • question_answer
    What are the functions of NABARD?
    I. It is associated with policy, planning, operation and even monitoring levels for providing agricultural credit.
    II. Its primary task is to function as refinancing institution for all types of lending for agricultural and rural development.
    III. In addition to this, it provides term credit to state co-operative banks, regional rural banks, land development banks and state governments (only for share capital contribution to co-operative credit societies).

    A) Only I

    B) I & II

    C) II & III

    D) All the above

    Correct Answer: D

    Solution :

    Its primary task is to function as refinancing institution for all types of lending for agricultural and rural development. In addition to this, it provides term credit to state co-operative banks, regional rural banks, land development banks and state governments (only for share capital contribution to co-operative credit societies).


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