NABARD- Forming Core of Banking Infrastructure in Rural Areas

Q.  Which of the following sets up core banking infrastructure for rural banks?
- Published on 20 Jul 15

a. IBA
c. RBI

National Bank for Agriculture and Rural Development has set up joint liability groups (JLG) of farmers to facilitate delivery of credit to farmers. Providing refinance to State Co-operative Banks, Scheduled Commercial Banks and Regional Rural Banks; co-ordinating the activities of different agencies in the field of agriculture and rural credit; improving absorptive capacity of credit delivery system are the major activities of NABARD.

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