Static GK - Organizations & Headquarters
Which organisation is primarily responsible for the development of the cooperative credit structure in India?
Which organisation is primarily responsible for the development of the cooperative credit structure in India?
medium Q6 of 15
Step-by-Step Solution
Step 1: Identify NABARD's role in cooperative credit
NABARD is responsible for the development and refinancing of cooperative credit institutions in India.Step 2: Differentiate from RBI and others
RBI regulates monetary policy; SEBI regulates securities; GIC is a reinsurer.Final Answer:
NABARD → Option DQuick Check:
Cooperative credit development = NABARD ✅
Quick Trick: NABARD supports cooperative credit institutions.
Common Mistakes:
MISTAKES- Confusing NABARD with RBI due to banking functions.
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