Q. Which of the following is the apex institution in financial sector of India?

A
NABARD
B
IDBI
C
RBI
D
IFCI
Solution:

National Bank for Agriculture and Rural Development (NABARD) is the apex institution for financing agricultural and rural sectors. It provides both short-term and long-term credits through regional rural banks and also provides financial assistance in the field of agriculture, small-scale industries, cottage and village industries, handicrafts and allied economic activities in rural areas.

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