Log in

WBCS Main Examination 2023 — Paper V: Indian Constitution and Economy · Question 139 of 200

Q139
Indian EconomyMoney, Banking & Financial Institutions
Which of the following gives institutional credit to promote sustainable agriculture and rural development?
  1. a.SBI
  2. b.RBI
  3. c.NABARD
  4. 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.