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Development and Specialised Banks

Which of the ...

Question

Which of the following banks focuses on agricultural development?

A

EXIM

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B

MUDRA

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C

NABARD

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D

SIDBI

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Solution

The correct option is C NABARD
NABARD or the National Bank for Agriculture and Rural Development is the apex bank in the country that focuses on villages and agriculture development. It was established in 1982. It provides financial assistance to agriculture, handicraft, and small-scale industries.

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