Question

Which of the following statement is not true for NABARD?

A NABARD provides loans to individuals. Correct Answer Incorrect Answer
B NABARD encourages research work related to agriculture and rural development. Correct Answer Incorrect Answer
C NABARD supervises Cooperative Banks and Regional Rural Banks. Correct Answer Incorrect Answer
D The Cooperative Development Fund (CDF) was established by NABARD on February 2nd, 1993. Correct Answer Incorrect Answer

Solution

NABARD primarily functions to provide finance and support to rural development projects and banking institutions in rural areas that finance agricultural activities. It does not typically provide loans directly to individuals.

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