Multiple choice

In India, the bank NABARD does not provide refinance to-

  1. Scheduled Commercial Banks

  2. Regional Rural Banks

  3. Export-Import Banks

  4. State Land Development Banks
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

NABARD (National Bank for Agriculture and Rural Development) provides refinance to Scheduled Commercial Banks, Regional Rural Banks, and State Land Development Banks to support agriculture and rural development. However, Export-Import Bank (Exim Bank) is a specialized financial institution for foreign trade promotion and does not fall under NABARD's refinance ambit, which is focused on domestic rural and agricultural sectors.

Keep practicing — related questions