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)
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