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Commerce · Q949

Insurance

Graduate and Post Graduate · Commerce · question 949

Q949

Which of the following statements are true about NABARD?

A.
It is a development bank in the sector of Regional Rural Banks in India
B.
It provides and regulates credits in the rural area
C.
It gives assistance for the promotion and development of rural sectors, mainly agriculture
D.
It finances rural crafts
E.
All of these.
Answer

Answer: Option E

Solution

Answer: Option E
Solution:
All statements are true about NABARD.
It is a development bank in the sector of Regional Rural Banks in India, It provides and regulates credits in the rural area, It gives assistance for the promotion and development of rural sectors, mainly agriculture and It finances rural crafts.