Banking · NABARD Functions
Which of the following is NOT a function of NABARD?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1To promote research in rural development
- 2To grant long-term direct loans to the Central Government for agricultural development✓
- 3To serve as an apex refinancing agency for providing finance to agricultural development
- 4To inspect State Co-operative Banks and Regional Rural Banks
Correct answer
To grant long-term direct loans to the Central Government for agricultural development
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