BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
NABARD has joined hands with which bank to provide collateral-free credit through Joint Liability Groups in Telangana?
A
BOB
B
ICICI Bank
C
SBI
D
Axis Bank
Explanation: 

Detailed explanation-1: -State Bank of India and National Bank for Agriculture and Rural Development have joined hands to provide collateral-free credit through Joint Liability Groups inTelangana.

Detailed explanation-2: -Kisan Credit Card. GoI introduced Kisan Credit Card Scheme during 1998-99 to meet the production credit requirement of farmers in a timely and hassle-free manner.

Detailed explanation-3: -NABARD provides refinance assistance under Automatic Refinance Facility (ARF) to eligible banks for a wide spectrum of manufacturing, processing and service sector activities under RNFS (Investment Credit).

Detailed explanation-4: -NABARD-National Bank For Agriculture And Rural Development.

There is 1 question to complete.