३ = सरकर
Rural Infrastructure Development Fund (RIDF) was instituted by which of the
following ?
(1) NABARD
(2) RBI
(3) Government of India
(4) Finance Ministry
Answers
Answer: Rural Infrastructure Development Fund (RIDF) was instituted by NABARD.
Explanation:
National Bank for Agriculture and Rural Development
The full name of NABARD is the National Agricultural Rural Development Bank, which was established in the year 1982, its free functioning is to create policies for the farmers and to provide financial support to the farmers as India is an agricultural country, the main source of income of this country is agriculture That is why it was necessary for the government to create an institution which could take effective steps for the farmers, so under this Went established NABARD.
“Rural Infrastructure Development Fund” abbreviated as RIDF was being instituted by Government of India in “National Bank for Agriculture and Rural Development”.
Answer: Option 3
Explanation:
The Rural Infrastructure Development Fund was initiated by the idea created and executed by the Honorable Union Minister of Finance. The “Finance Minister Dr. Man Mohan Singh” initiated the RIDF by the institution of Government of India in the “National Bank for Agriculture and Rural Development”, also known as NABARD.