Question

    Which fund do banks contribute to if they fail to meet

    PSL targets?
    A SIDBI Fund Correct Answer Incorrect Answer
    B RIDF Fund Correct Answer Incorrect Answer
    C NABARD Fund Correct Answer Incorrect Answer
    D MUDRA Fund Correct Answer Incorrect Answer
    E All of the above Correct Answer Incorrect Answer

    Solution

    Banks with PSL shortfalls must deposit funds into Rural Infrastructure Development Fund (RIDF ), managed by NABARD and other designated funds.  

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