12th Class Economics Rural Development Question Bank MCQs - Rural Development in India

  • question_answer
    Which of the given statement is incorrect regarding the role of NABARD?

    A) It performs all the functions of RBI with regard to agricultural credit

    B) It helps the flow of credit through cooperative banks, regional rural banks etc

    C) Maintain a research and development fund to promote research in agriculture

    D) Provides support to farm sector only

    Correct Answer: D

    Solution :

    NABARD is an apex institution handling policy, planning and operations in the field of rural credit and related economic activities and also helps non-farm sectors i.e. artisans, weavers, village industries and so on.


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