Which apex body was set up to coordinate the activities of all institutions involved in the rural financing system ?
Which apex body was set up to coordinate the activities of all institutions involved in the rural financing system ?
Solution
✅ Correct Option: 1
NABARD (National Bank for Agriculture and Rural Development) was set up in 1982 as an apex body to coordinate the activities of all institutions involved in the rural financing system, including cooperative banks, regional rural banks, and commercial banks for rural credit.
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