GK
BANKING AWARENESS AND SEBI
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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SBI
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RBI
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IFC
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NABARD
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Detailed explanation-1: -NABARD-National Bank For Agriculture And Rural Development.
Detailed explanation-2: -The correct answer is NABARD. NABARD is a development bank responsible for the rural sector of the country. It is the apex banking institution to provide Finance for Agriculture and Rural development.
Detailed explanation-3: -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: -Regional Rural Banks (RRBs) State Cooperative Banks (StCBs) District Central Cooperative Banks (DCCBs) Primary Agricultural Credit Societies (PACS) State Cooperative Agriculture and Rural Development Banks (SCARDBs) Primary Cooperative Agriculture and Rural Development Banks (PCARDBs)