Economics · Agricultural Banking
In discharging its role as a facilitator for rural prosperity, NABARD is primarily entrusted with the responsibility of:
- 1Monitoring all developmental projects in rural areas.
- 2Evaluating, monitoring, and inspecting all commercial banks in rural areas.
- 3Bringing about or promoting the development of commercial banks.
- 4Providing refinance to lending institutions in rural areas.✓
Correct answer
Providing refinance to lending institutions in rural areas.
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