Question
NABARD provides refinance to which of the following types of financial institutions:
Select the correct answer using the code given below:
- Commercial Banks
- Regional Rural Banks
- State Cooperative Banks & Land Development Banks
- Non-Banking Financial Companies
Select the correct answer using the code given below:
Answer: Option D
Answer: (d)
NABARD does not give direct loans to individuals but it gives loans to
Commercial Banks,
Regional Rural Banks (RRBs),
State Cooperative Banks & Land Development Banks and
Non-Banking Financial Companies (NBFCs) for further lending (refinance) to the agriculture and rural sectors.
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Answer: (d)
NABARD does not give direct loans to individuals but it gives loans to
Commercial Banks,
Regional Rural Banks (RRBs),
State Cooperative Banks & Land Development Banks and
Non-Banking Financial Companies (NBFCs) for further lending (refinance) to the agriculture and rural sectors.
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