Static GK - Organizations & Headquarters
Which organisation among the following primarily provides refinance support to cooperative banks and regional rural banks (RRBs) in India?
Which organisation among the following primarily provides refinance support to cooperative banks and regional rural banks (RRBs) in India?
medium Q15 of 15
Step-by-Step Solution
Step 1: Identify the function
The question asks which institution provides refinance support to cooperative banks and RRBs.Step 2: Recall institutional roles
NABARD was established to support agriculture and rural development by providing refinance to cooperative banks and regional rural banks.Final Answer:
National Bank for Agriculture and Rural Development (NABARD) → Option CQuick Check:
Refinance to cooperative banks & RRBs = NABARD ✅
Quick Trick: NABARD = refinance + rural & agriculture credit.
Common Mistakes:
MISTAKES- Confusing NABARD’s refinance role with SIDBI’s MSME financing role.
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