CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

There is a bank called NABARD, which has been functioning in India to help the poor farmers in rural areas. Choose the correct set of functions of NABARD from the list given below.

(i) Helping poor prople in rural areas with loans
(ii) Lending money for agricultural activities
(iii) Promoting equitable and sustainable agriculture

A
Only (i)
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Only (ii)
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Only (iii)
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
(i), (ii), and (iii)
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
Open in App
Solution

The correct option is D (i), (ii), and (iii)
National Bank for Agriculture and Rural Development (NABARD) is an apex supervisory body for overall supervision of regional rural banks and apex cooperative banks in India. It helps to provide loans to the rural population for agriculture and agricultural activities. It also helps in the development of the rural sector.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
17C12P23S01 720p UNC Basics of Communication Systems_1
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon