Static GK - Organizations & Headquarters
Which of the following institutions was set up to provide refinance support to cooperative banks and regional rural banks?
Which of the following institutions was set up to provide refinance support to cooperative banks and regional rural banks?
medium Q6 of 15
Step-by-Step Solution
Step 1: Understand the role
The question tests knowledge of the institution providing refinance to cooperative and regional rural banks.Step 2: Apply the fact
NABARD provides refinance facilities to cooperative banks and regional rural banks to support rural credit.Final Answer:
NABARD → Option AQuick Check:
Refinance support to rural banks = NABARD ✅
Quick Trick: NABARD supports rural and cooperative banks.
Common Mistakes:
MISTAKES- Mistaking RBI or SEBI as refinance providers.
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