Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Rural Development

Question:

Which apex body was set up to coordinate the activities of all institutions involved in the rural financing system ?

Options:

NABARD

RRBs

RBI

SBI

Correct Answer:

NABARD

Explanation:
 The correct answer is NABARD.

The National Bank for Agriculture and Rural Development (NABARD) is the apex body that coordinates the activities of all institutions involved in the rural financing system in India. It was established in 1982 with the objective of promoting sustainable and equitable agriculture and rural development.