Which of the following is the apex institution that handles refinance for agriculture and rural development in India?

RBI

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SIDBI

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NABARD

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SEBI

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Solution

The correct option is C NABARD
National Bank for Agriculture and Rural Development (NABARD): The apex banking institution providing finance for agriculture and rural development. it was established on July 12, 1982.
It provides refinancing facilities to various financial institutions which provide loans to promote productive activities in rural areas. To meet its loan requirements, NABARD obtains funds from Government of India, World Bank and other agencies.

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Which of the following organizations looks after the credit needs of agriculture and rural development in India?

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