1. Rural infrastructure Development Fund disperses loans to the states to complete the minor irrigation projects. |
2. Rural infrastructure Development Fund is managed by the public sector Commercial Banks. |
A) 1 only
B) 2 only
C) Both 1 and 2
D) Neither 1 nor 2
Correct Answer: A
Solution :
Rural Infrastructure Development Fund (RIDF) was instituted in NABARD with an announcement in the Union Budget 1995-96 with the sole objective of giving low cost fund support to stare governments and state owned corporations for quick completion of ongoing projects relating to medium and minor irrigation, soil conservation, watershed management and other forms of rural infrastructure.You need to login to perform this action.
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