Indian Economic Development: Rural Development · Class 12 · CBSE · Commerce Economics
Which institution was established as the apex institution for coordinating and providing rural credit in India?
Practice question from Indian Economic Development: Rural Development (Class 12 · CBSE · Commerce Economics), with the correct answer and a step-by-step solution.
easy · MCQ · Q-5D441A
Which institution was established as the apex institution for coordinating and providing rural credit in India?
- A.National Bank for Agriculture and Rural Development (NABARD)Correct answer
- B.Reserve Bank of India (RBI)
- C.Small Industries Development Bank of India (SIDBI)
- D.Securities and Exchange Board of India (SEBI)
Solution
NABARD was established in 1982 as the apex institution for coordinating and providing rural credit in India.
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