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Commerce · Q954

Banking and Financial Institutions

Graduate and Post Graduate · Commerce · question 954

Q954

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
Answer
C.
Refinances the rural borrowers obtaining credit from banks
D.
Directly finances the rural borrowers and gets refinance from government

Answer: Option B

Solution

Answer: Option B
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