2. Questions Bank
  3. UPSC
  4. Economics
  5. Indian Economy / भारतीय अर्थव्यवस्था

UPSC Economics Indian Economy / भारतीय अर्थव्यवस्था Question Bank Agriculture

  • question_answer
                                                                                                                                                                With reference to the agriculture sector of India, consider the following statements
    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.
    Which of the statements given above is/are correct?

    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.
You will be redirected in 3 sec spinner