NABARD's primary role is:

to provide term loans to state cooperative banks

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to assist state governments for share capital contribution

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to act as a re-finance institution

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all of these

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Solution

The correct option is D
all of these

Option : (D)

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Similar questions

RBI grants ‘in-principle’ approval to 10 applicants for Small Finance Banks. Consider the following statements regarding Small Finance Banks:

1) Small Finance Banks aim to address financial inclusion.

2) The minimum paid-up capital requirement for these banks would be Rs 100 crore only.

3) At least 50% of the loans should constitute loans and advances of up to Rs 25 lakhs.

Which of the above statements are correct?

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