Match the items of List – I with List – II with regard to the functions of NABARD : List – I List – II…
NABARD's functions are categorised into three pillars: its Financial Functions include providing farm and non-farm sector refinance through RRBs and cooperative banks (iii);…
Choose your answer
Match the items of List – I with List – II with regard to the functions of NABARD :
List – I
List – II a. Financial Functions
i. Core Banking solution to co-operative banks b. Developmental functions
ii. Credit monitoring arrangements c. Supervisory functions
iii. Farm sector refinance through RRBs
Codes : a b c
Answer and explanation
Correct answer B
NABARD's functions are categorised into three pillars: its Financial Functions include providing farm and non-farm sector refinance through RRBs and cooperative banks (iii); its Developmental Functions include institutional strengthening such as implementing Core Banking Solutions (CBS) in cooperative banks (i); and its Supervisory Functions include statutory inspections and credit monitoring arrangements for cooperative banks and RRBs (ii).
Practice for these exams
-
UGC NET Commerce