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Which bank was set up as an apex body to coordinate the activities of all institutions involved in rural financing?
Question

Which bank was set up as an apex body to coordinate the activities of all institutions involved in rural financing?

A.

The poor women banks

B.

Cooperative societies

C.

Cooperative banks

D.

NABARD

Correct option is D

NABARD was set up as an apex body to coordinate the activities of all institutions involved in rural financing
· NABARD stands for National Bank for Agriculture and Rural Development. It was established on July 12, 1982, by an Act of Parliament as an apex development bank in India.
· NABARD was set up with the objective of coordinating and overseeing the activities of various institutions involved in rural financing and development.

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