Economics · Economy
Which institution serves as the apex development bank in India with a mandate to facilitate credit flow for the promotion and development of agriculture, small-scale industries, and rural crafts?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Haryana State Industrial & Infrastructure Development Corporation (HSIIDC)
- 2National Bank for Agriculture and Rural Development (NABARD)✓
- 3State Bank of India (SBI)
- 4Reserve Bank of India (RBI)
Correct answer
National Bank for Agriculture and Rural Development (NABARD)
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