Which of the following organizations looks after the credit needs of agriculture and rural development in India?
- AFCI
- BIDBI
- CNABARD
- DICAR
Solution & Step-by-step Explanation
NABARD (National Bank for Agriculture and Rural Development) is the apex development bank in India. It was established on July 12, 1982, under a special Act of Parliament to handle all matters related to policy, planning, and operational aspects in the field of credit for agriculture and other economic activities in rural areas.