GK
BANKING AWARENESS AND SEBI
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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NABARD support lending to farmers, rural artisans and other non farmers in rural areas through____
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Co-operative Banks
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Regional Rural Banks
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Land Development Banks
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All the Above
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Explanation:
Detailed explanation-1: -NABARD-National Bank For Agriculture And Rural Development. The Government of India encourages farmers in taking up projects in select areas by subsidizing a portion of the total project cost. All these projects aim at enhancing capital investment, sustained income flow and employment areas of national importance.
Detailed explanation-2: -Objectives: Supporting capital formation in agriculture and allied activities, thereby promoting growth of Agriculture, AH, Fishery, Forestry etc. sectors. Directing flow of credit for promotion of thrust activities of GoI and NABARD. To meet the credit requirement of JLGs and SHGs.
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