2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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How much amount of financial support was given by the NABARD to West Bengal for the development of agriculture and allied sectors?
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9235 cr
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9162 cr
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9355 cr
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9547 cr
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Explanation:
Detailed explanation-1: -NABARD is a Development Bank with a mandate for providing and regulating credit for the development of agriculture, small-scale industries, cottage and village industries, handicrafts and other allied economic activities in rural areas to promote prosperity of rural areas.
Detailed explanation-2: -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-3: -NABARD has given aid to 58 cooperative commercial banks (CCBs’) and 4 state cooperative banks (StCbs’) which are expanded over 14 states in the country for an approved amount of Rs.
There is 1 question to complete.