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Which of the following combinations is correct?

  1. A
    NABARD - Industrial credit
  2. B
    IDBI - Short term credit
  3. C
    RBI - Long term finance
  4. D
    RRB - Agricultural finance

Solution & Step-by-step Explanation

Option D is the accurate institutional pairing. Regional Rural Banks (RRBs) were specifically constituted to address institutional credit gaps in rural sectors, primarily servicing agricultural finance and weaker village demographics. NABARD targets agricultural/rural growth, IDBI deals with industrial credit/long-term finance, and the RBI serves as the central apex bank.

Practice this question

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Which of the following combinations is correct?
A
NABARD - Industrial credit
B
IDBI - Short term credit
C
RBI - Long term finance
D
RRB - Agricultural finance

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