Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Rural Development

Question:

The apex body that coordinates the activities of all institution involved in the rural financing system is:

Options:

National Bank for Allied Activities and Rural Development

National Bank for Agriculture and Road Development

Reserved Bank of India

National Bank for Agriculture and Rural Development

Correct Answer:

National Bank for Agriculture and Rural Development

Explanation:

The 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.