Which institution was set up in 1982 as an apex body to coordinate the activities of all institutions involved in the rural agro financing system ?

National Bank for Agriculture and Rural Development (NABARD)

The correct answer is option (2) : National Bank for Agriculture and Rural Development (NABARD)

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. The Green Revolution was a harbinger of major changes in the credit system as it led to the diversification of the portfolio of rural credit towards production oriented lending.