Question

Explain in detail objectives and three important Primary functions of NABARD.

Answer 1

Objectives
More than 50% of the rural credit is disbursed by the Co-operative Banks and Regional Rural Banks. NABARD is responsible for regulating and supervising the functions of Co-operative banks and RRBs. NABARD works towards providing a strong and efficient rural credit delivery system, capable of taking care of the expanding and diverse credit needs of agriculture and rural development.

1 Providing credit facilities to issuing organizations
Monitoring the flow of ground level rural credit.
2 Preparation of credit plans annually for all districts for identification of credit potential.
3 Providing credit facilities to issuing organizations