Economics · Economy
Which fund managed by NABARD represents a quasi-fiscal instrument to compensate for shortfalls in priority sector lending by commercial banks?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Credit Reserve Fund (CRF)
- 2Long Term Irrigation Fund (LTIF)
- 3Rural Infrastructure Development Fund (RIDF)✓
- 4NABARD Development Fund
Correct answer
Rural Infrastructure Development Fund (RIDF)
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