Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Rural Development

Question:

Which of the following is an apex body to coordinate the functioning of different financial institutions working for the expansion of rural credit?

Options:

Cooperative committee

Commercial banks

NABARD

None of the above

Correct Answer:

NABARD

Explanation:

The correct answer is option 3: NABARD

National Bank for Agriculture and Rural Development (NABARD) was set up in 1982 as an apex body to coordinate the activities of all institutions involved in the rural financing system.