Economics · Banking and Financial Institutions

NABARD's primary function in India's financial system is:

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Regulating commercial banks' agricultural lending
2Providing refinance support for agricultural and rural development✓
3Managing foreign exchange reserves for agricultural imports
4Directly lending to individual farmers

Correct answer

Providing refinance support for agricultural and rural development

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NABARD's primary function in India's financial system is:

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NABARD's primary function in India's financial system is:

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