Question : What is the name of India's top funding organization for rural credit?
Option 1: National Bank for Agriculture and Rural Development (NABARD)
Option 2: Regional rural banks
Option 3: Regional rural banks
Option 4: None of the above
Correct Answer: National Bank for Agriculture and Rural Development (NABARD)
Solution : India's premier development financial institution is called NABARD. Regarding policy, planning, and operations in the area of credit for agriculture and other economic activities in rural areas of India, it was founded in 1982. Hence option a is the correct answer.
Question : Which of the following institutions provides credit for agriculture and rural development in India?
Option 1: Reserve Bank of India (RBI)
Option 2: National Bank for Agriculture and Rural Development (NABARD)
Option 3: Small Industries Development Bank of India (SIDBI)
Question : Which institution in India provides short-term credit to farmers for agricultural activities?
Option 2: State Bank of India (SBI)
Option 4: Regional Rural Banks (RRBs)
Question : Which of the following is a function of the National Bank for Agriculture and Rural Development (NABARD)?
Option 1: Regulating the securities market
Option 2: Providing credit facilities to agriculture and rural sectors
Option 3: Regulating the functioning of commercial banks
Question : Which of the following institutions is responsible for regulating and supervising the functioning of regional rural banks in India?
Option 2: Securities and Exchange Board of India (SEBI)
Option 3: National Bank for Agriculture and Rural Development (NABARD)
Option 3: Securities and Exchange Board of India (SEBI)
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