NABARD represents a
Question and options
NABARD represents a
- Farmer's organization
- Stock market regulator
- Credit rating agency
- Refinancing agency
Answer and explanation
Correct answer: D - Refinancing agency
NABARD is an apex development bank that mainly provides refinance to banks, cooperatives and RRBs for agricultural and rural credit, so it is a refinancing agency. It is not a farmers' body, a market regulator or a credit rating agency.
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