A) Investment and Industrial Finance Banks
B) Co-operative Banks and Regional Rural Banks
C) Corporate Finance and Overseas Banking Unit
D) Private Sector and Multinational Banks
E) Reserve Bank of India
Correct Answer: B
Solution :
National Bank for Agriculture and Rural Development (NABARD) has been accredited with "matters concerning policy, planning and operations in the field of credit for agriculture and other economic activities in rural areas in India." NABARD's refinance is available to State Co-operative Agriculture and Rural Development Banks (SCARDBs), State Co-operative Banks (SCBs), Regional Rural Banks (RRBs), Commercial Banks (CBs) and other financial institutions approved by RBI.
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