GK
BANKING AWARENESS AND SEBI
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which among the following body authorizes the credit limit to the national cooperative marketing federation?
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NABARD
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Reserve bank of India
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Department of finance
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Department of agriculture
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Explanation:
Detailed explanation-1: -The Cabinet Committee on Economic Affairs, chaired by Prime Minister Shri Narendra Modi, has approved the regularization and extension of Govt. Guarantee provided to lender Bank for providing credit limit to National Agricultural Cooperative Marketing Federation of India (NAFED) Rs.
Detailed explanation-2: -National Agricultural Cooperative Marketing Federation of India Ltd. (NAFED) was established on the auspicious day of Gandhi Jayanti on 2nd October 1958.
There is 1 question to complete.