Question
NABARD
Answer :
Word Count : 243
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The National Bank for Agriculture and Rural Development (NABARD) is a premier financial institution in India, established in 1982, to promote sustainable and inclusive rural development. It primarily focuses on providing credit and refinancing support to agriculture, small-scale industries, cottage industries, and rural infrastructure projects. NABARD plays a pivotal role in ensuring the flow of institutional credit to the rural sector, bridging the gap between policy initiatives and ground-level implementation. NABARD's functions include refinancing rural credit institutions such as cooperative banks, regional rural banks, and commercial banks involved in rural lending. It also supervises and regulates cooperative
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