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Commerce · Q8

Banking and Financial Institutions

Graduate and Post Graduate · Commerce · question 8

Q8

For the purpose of extending rural banking and agro finance, the NABARD

A.
Directly lends and monitors the rural borrowers
B.
Refinances the banks extending rural finance
C.
Refinances the rural borrowers obtaining credit from banks
Answer
D.
Directly finances the rural borrowers and gets refinance from government

Answer: Option C

Solution

Answer: Option C
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