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Question

NABARD provides refinance assistance to ___________.

A
state land development banks
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B
scheduled commercial banks
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C
regional rural banks and state co-operative banks
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D
all of the above
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Solution

The correct option is C all of the above
National Bank for Agriculture and Development is the apex bank which is concerned with the planning, policy and operations for development of rural areas of India. Above mentioned banks help the rural communities to undertake agricultural and farming activities by providing loans, hence NABARD provides refinance assistance to such banks for better economical development.

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