The major functions of NABARD are to:
1. Give loans to the public.
2. Accept deposits from the public.
3. Give loans to commercial banks and regional rural banks for the development of the rural sector.
4. Deal with government securities.
Which of the above statements are correct?

Correct option is C

NABARD (National Bank for Agriculture and Rural Development) is a key financial institution dedicated to promoting rural development and agriculture in India. Its primary function is to extend financial support to rural financial institutions like Regional Rural Banks (RRBs), cooperative banks, and others that serve the agricultural sector. NABARD helps improve credit flow to rural areas but does not provide loans directly to the public (statement 1) or accept deposits. NABARD does engage with government securities, but its primary role revolves around rural credit​ (statement 2).