Question
The apex body that coordinates the activities of all institution involved in the rural financing system is:

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National Bank for Allied Activities and Rural Development

National Bank for Agriculture and Road Development

Reserved Bank of India

National Bank for Agriculture and Rural Development

Correct Answer

National Bank for Agriculture and Rural Development

Detailed Explanation

The correct option is (4)

The apex body that coordinates the activities of all institutions involved in the rural financing system in India is:

National Bank for Agriculture and Rural Development (NABARD)

NABARD plays a pivotal role in promoting and developing rural credit institutions, as well as coordinating the activities of various institutions involved in rural finance and development. It was established by the Government of India with the aim of supporting and fostering rural development in the country.

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Question The apex body that coordinates the activities of all institution involved in the rural financing system is:

Detailed Explanation

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