which of the following organisation looks after the credit needs of agriculture and rural development in India
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NABARD is of the accompanying association cares for the credit needs of horticulture and provincial advancement in India.
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NABARD (National Bank for Agriculture and Rural Development) is the organisation looking after the credit needs of agriculture and rural development in India
Explanation:
- The main role of NABARD is to promote and foster development.
- Being an apex institution it was established in the year 1982.
- In the rural credit structure, it provides all necessary help for promoting small scale, cottage industries, handicrafts along with village industries.
- It is an important institution that mainly concentrates on the development of agriculture and rural development.
- A major chunk of the shares of NABARD is held by the government of India.
- At the same time it is not a bank and is not going to accept public deposits.
Learn more about NABARD
Introduction on NABARD
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NABARD was established as part of which 5 year plan
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