Q139
Indian EconomyMoney, Banking & Financial Institutions
Which of the following gives institutional credit to promote sustainable agriculture and rural development?
- a.SBI
- b.RBI
- c.NABARD
- d.SEBI
Answer: (C) NABARD
NABARD, set up in 1982, is the apex institution for credit to agriculture and rural development, refinancing banks and promoting sustainable rural growth. SBI is a commercial bank, RBI the central bank and SEBI the securities regulator.