Economics · Economy
With reference to NABARD’s Rural Infrastructure Development Fund (RIDF), consider the following statements: 1. The RIDF is maintained by NABARD and is funded by Scheduled Commercial Banks out of their shortfall in priority sector lending targets. 2. The fund is utilized for financing a wide range of eligible rural infrastructure projects, including irrigation, rural roads, and social sector projects. 3. State Governments and state-owned corporations are the primary eligible borrowers under the RIDF framework. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11 and 3 only
- 22 and 3 only
- 31, 2 and 3✓
- 41 and 2 only
Correct answer
1, 2 and 3
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