2020
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which organisation launched special refinance facility for WASH programme?
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ADB
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RBI
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NABARD
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SBI
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Explanation:
Detailed explanation-1: -NABARD will provide concessional refinance to all eligible financial institutions including commercial banks, regional rural banks and cooperative banks with a repayment period of up to 36 months.
Detailed explanation-2: -The Reserve Bank of India (RBI) set up the Agricultural Refinance Corporation (ARC) in 1963 to work as a refinancing agency in providing medium-term and long-term agricultural credit to support investment credit needs for agricultural development.
Detailed explanation-3: -Automatic Refinance Scheme (ARF)
There is 1 question to complete.