Economics · Rural Development Schemes
What was the primary objective of the National Fund for Rural Development (NFRD) established in 1984?
- 1To allocate foreign direct investment specifically into agricultural technology hubs
- 2To manage the public distribution system across rural local bodies
- 3To provide short-term credit facility exclusively to small and marginal farmers
- 4To mobilize financial resources from corporate and individual donors for rural development projects✓
Correct answer
To mobilize financial resources from corporate and individual donors for rural development projects
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