New Enroll for RBI, PFRDA & NABARD Intro Class! April 18 at 9:15 PM

    Question

    NABARD, as an apex institution, provides refinancing

    support to financial institutions. Which of the following best defines NABARD’s refinancing function?
    A Directly lending to farmers and rural entrepreneurs Correct Answer Incorrect Answer
    B Offering loans to commercial banks and cooperative institutions to lend for agriculture and rural development Correct Answer Incorrect Answer
    C Regulating the interest rates of loans offered by rural banks Correct Answer Incorrect Answer
    D Disbursing funds for large-scale infrastructure projects in urban areas Correct Answer Incorrect Answer
    E Funding international agricultural trade activities Correct Answer Incorrect Answer

    Solution

    NABARD provides refinancing support to commercial banks, cooperative banks, and regional rural banks to enable them to offer credit to farmers and rural entrepreneurs for agriculture and allied activities.

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