Economics · Agricultural Institutions
Consider the following statements regarding the National Bank for Agriculture and Rural Development (NABARD): (a) NABARD provides refinance and financial assistance for agricultural sector development. (b) NABARD provides loans and credit support to rural businesses and cottage industries. (c) NABARD directly makes commercial loans to major heavy urban industries. (d) NABARD's primary mandate is providing financial support for large urban infrastructure development projects. Which of the above statements are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1(a), (b) and (d)
- 2(a), (b) and (c)
- 3(a) and (b)✓
- 4Only (a)
Correct answer
(a) and (b)
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