A Development Finance Institution (DFI) is a financial institution that provides financial resources, including loans, guarantees, and equity, to support private sector development in developing and emerging economies. DFIs typically focus on promoting economic growth and reducing poverty by investing in infrastructure, small and medium-sized enterprises, and other projects that have a positive impact on the local economy.
Question : ___________ is a financial institution that provides long-term credit for agriculture and rural development.
Option 1: Agricultural Finance Corporation
Option 2: Rural Development Bank
Option 3: Small Industries Development Bank of India (SIDBI)
Option 4: National Bank for Agriculture and Rural Development (NABARD)
Question : MUDRA is a financial institution set up by the Government of India for the development and refinancing of micro-unit enterprises. The full form of MUDRA is:
Option 1: Micro Urban Development & Refinance Agency
Option 2: Micro Units Development & Refinance Agency
Option 3: Micro Finance Usage Development & Refinance Agent
Option 4: Medium Units Development & Refinance Agency
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