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A farmer want to take credit to meet his expenditure in agriculture inputs. Which of the following is not an institution he may approach for the credit ?

Solution

Correct Option: 2

A farmer can approach RRBs, Commercial Banks, Cooperatives, and Land Development Banks for credit. NABARD is an apex refinancing institution that coordinates all these bodies, but it does not directly lend to farmers. Hence NABARD is not where a farmer would go.

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