Question

    NABARD has received government approval to raise up to

    how much through deep-discount bonds?
    A ₹15,000 crore Correct Answer Incorrect Answer
    B ₹17,000 crore Correct Answer Incorrect Answer
    C ₹19,500 crore Correct Answer Incorrect Answer
    D ₹20,000 crore Correct Answer Incorrect Answer
    E ₹18,750 crore Correct Answer Incorrect Answer

    Solution

    The National Bank for Agriculture and Rural Development (NABARD) has received central government approval to raise up to ₹19,500 crore through deep-discount bonds . These are zero-coupon bonds, providing no periodic interest but redeemable at full face value after nearly 11 years, making them suitable for long-term rural development funding.

    Practice Next

    Relevant for Exams: