Static GK - Organizations & Headquarters
Which organisation was established to provide refinance and credit support specifically for agriculture and rural development activities in India?
Which organisation was established to provide refinance and credit support specifically for agriculture and rural development activities in India?
medium Q6 of 15
Step-by-Step Solution
Step 1: Understand the sector focus
The question focuses on agriculture and rural development financing.Step 2: Identify the specialised institution
NABARD was established in 1982 to promote sustainable agriculture and rural development through refinance and credit support.Final Answer:
National Bank for Agriculture and Rural Development (NABARD) → Option DQuick Check:
Agriculture & rural credit apex body = NABARD ✅
Quick Trick: Agriculture + rural development = NABARD.
Common Mistakes:
MISTAKES- Choosing SIDBI, which focuses on MSMEs, not agriculture.
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