Multiple choice

Who amongst the following is going to establish a fund of Rs 1000 crores for financing the food processing industry?

  1. State Bank of India

  2. SIDBI

  3. ECGC

  4. NABARD

  5. None of these

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

NABARD (National Bank for Agriculture and Rural Development) established a 1000 crore fund to provide credit for the food processing sector. This initiative was aimed at reducing post-harvest losses and increasing farmers' income.