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      Question

      Which statement is incorrect about NABARD?

      A It is an apex development bank of India. Correct Answer Incorrect Answer
      B Its headquarter is at Mumbai Correct Answer Incorrect Answer
      C It is involved in policy, planning and operations in the field of credit for agriculture and rural sectors Correct Answer Incorrect Answer
      D It is owned by RBI. Correct Answer Incorrect Answer
      E All are correct Correct Answer Incorrect Answer

      Solution

      RBI sold its stake in NABARD to the Government of India, which now holds 99% stake.

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