Which one is the apex institution in the sphere of agricultural financing in India?
NABARD is the apex development financial institution for agriculture and rural development, established in 1982. It provides refinance and developmental support and has…
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Which one is the apex institution in the sphere of agricultural financing in India?
Answer and explanation
Correct answer D
NABARD is the apex development financial institution for agriculture and rural development, established in 1982. It provides refinance and developmental support and has specified supervisory responsibilities. Cooperative and regional rural banks lend in this sector, but they are not the national apex institution.
Practice for these exams
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Uttar Pradesh Judicial Services (UP PCS-J)
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Bihar Judicial Services
Subject revision
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Uttarakhand Judicial Services
Subject revision