2016
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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SBI
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World Bank
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ADB
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NABARD
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Detailed explanation-1: -Integrated Loan Scheme (ILS) Under this scheme, refinance is given to block capital and working capital for one operating cycle. Maximum refinance available is Rs. 15 lacs per borrower.
Detailed explanation-2: -Government of India created the RIDF in NABARD in 1995-96, with an initial corpus of Rs. 2, 000 crore. With the allocation of Rs40, 000 crore for 2021-22 under RIDF XXVII, the cumulative allocation has reached Rs.
Detailed explanation-3: -fund (RIDF) 3.54 The RIDF was set up by the Government in 1995-96 for financing ongoing rural Infrastructure projects. The Fund is maintained by the National Bank for Agriculture and Rural Development (NABARD).
Detailed explanation-4: -The National Bank for Agriculture and Rural Development or NABARD provides investment and production credit for various developmental activities and projects taking place in rural areas, which will help enhance rural development and facilitate rural prosperity.