Which among the following was set up in 1982 as an apex body to coordinate the activities of all institutions involved in the rural financing system ?
Which among the following was set up in 1982 as an apex body to coordinate the activities of all institutions involved in the rural financing system ?
Solution
✅ Correct Option: 3
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. It replaced the Agricultural Credit Department of RBI.
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