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Reserve Bank of India (RBI) and National Bank for Agricultural and Rural Development (NABARD) provide financial assistance to the
Question

Reserve Bank of India (RBI) and National Bank for Agricultural and Rural Development (NABARD) provide financial assistance to the

A.

Urban Credit Organisations

B.

Centrally Funded Credit Organisations

C.

Informal Credit Organisations

D.

Formal Credit Organisations

Correct option is D

The Reserve Bank of India (RBI) and the National Bank for Agriculture and Rural Development (NABARD) are the statutory lending institutions that provide financial assistance.

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