ECONOMICS
ECONOMIC DEVELOPMENT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
FCI
|
|
|
IDBI
|
|
|
NABARD
|
|
|
ICAR
|
Detailed explanation-1: -NABARD-National Bank For Agriculture And Rural Development.
Detailed explanation-2: -NABARD-National Bank For Agriculture And Rural Development.
Detailed explanation-3: -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-4: -The major functions of NABARD include promotion and development, refinancing, financing, planning, monitoring and supervision.
Detailed explanation-5: -NABARD functions as the supervisor of rural financial institutions (RFIs)-both regional rural banks (RRBs) and rural cooperative banks (RCBs)-by virtue of the powers conferred to it under Section 35 (6) of Banking Regulation Act, 1949 (AACS). 2.