Question

Match the following banks with their beneficiaries.

A. NABARD - 1. Industries

B. EXIM - 2. Women empowerment

C. SIDBI - 3. Exports

D. Mahila - 4. Agriculture

• A. A-2, B-3, C-1, D-4
• B. A-2, B-3, C-4, D-1
• C. A-4, B-3, C-2, D-1
• D. A-4, B-3. C-1, D-2

Answer 1

The correct option is D A-4, B-3. C-1, D-2

NABARD, which stands for National Bank for Agriculture and Rural Development, was established in 1982. It provides financial assistance to agriculture, handicraft, and small-scale industries.

The Export-Import Bank of India (EXIM) was established in 1982 to provide credit facilities to exporters and importers.

Small Industries Development Bank of India (SIDBI) was established in 1990. It nurtures new small-scale industries and facilitates existing small-scale industries to modernise and expand their operations.

Mahila banks or Bharatiya Mahila Banks were established in November 2013 with the slogan 'Women empowerment is India's empowerment' to recognise and enhance the participation of women in the socio-economic domain. It operated primarily by women.