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Question

92. Rural Infrastructure Development Fund (RIDF) is operationalized by?


A

a) State Government

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B

b) RBI

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C

c) SIDBI

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D
d) NABARD
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Solution

The correct option is D d) NABARD

Ans 92.D

Explanation: Government of India / Reserve Bank of India created the Rural Infrastructure Development Fund (RIDF) in NABARD in 1995-96. The sources of deposits from commercial banks have been broad based by including shortfall in achievement of priority sector lending target and /or lending to agriculture and/or lending to weaker sections as on last reporting Friday of March every year


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