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Which of the following organizations looks after the credit needs of agriculture and rural development in India?

  1. A
    FCI
  2. B
    IDBI
  3. C
    NABARD
  4. D
    ICAR

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.

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Which of the following organizations looks after the credit needs of agriculture and rural development in India?
A
FCI
B
IDBI
C
NABARD
D
ICAR

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