Economics · Banking and Finance
Which of the following statements is/are correct regarding NABARD? (a) Providing rural finance is a function of NABARD. (b) Long-term and medium-term loans are provided by NABARD to State Co-operative Banks for agricultural and rural development.
- 1Neither a nor b is correct
- 2Both a and b are correct✓
- 3Only b is correct
- 4Only a is correct
Correct answer
Both a and b are correct
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