Correct option is C
The correct answer is (c) Export-Import Banks
NABARD (National Bank for Agriculture and Rural Development) focuses primarily on providing financial assistance for agriculture, rural development, and allied activities. While it refinances loans to institutions involved in these sectors, Export-Import Banks (Exim Banks), which specialize in international trade financing, do not fall within NABARD's scope.
Why Not Exim Banks?
Additional Information:
NABARD Overview:
Institutions NABARD Provides Refinance To:
- Export-Import Bank of India (Exim Bank):
- Focuses on promoting international trade by offering financial assistance for exports and imports.
- Its operations are distinct from NABARD’s mandate for rural and agricultural development.
- Established in 1982 to provide credit for agriculture and rural development.
- Supports priority sector lending by acting as a refinancing institution for rural credit agencies.
- Scheduled Commercial Banks (SCBs): For loans to agriculture, rural development, and allied sectors.
- Regional Rural Banks (RRBs): For financing agriculture and small-scale industries in rural areas.
- State Cooperative Banks (SCBs): For cooperative credit and agricultural financing.
- State Land Development Banks (SLDBs): For long-term agricultural and rural infrastructure development.
English
100 Questions
100 Marks
120 Mins
