GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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In India, the Bank NABARD does not provide refinance to
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scheduled commercial banks
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regional rural banks
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export-import banks
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state land development banks
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Explanation:
Detailed explanation-1: -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-2: -Detailed Solution. The correct answer is NABARD. The Apex bank for providing Agricultural Refinance in India is NABARD. NABARD is National Bank for Agriculture and Rural Development.
There is 1 question to complete.