Question
Which among the following has the largest share in
disbursement of institutional credit to agriculture and rural development?ÂSolution
NABARD is an apex bank and a refinance institution and its contribution in the overall credit is not much. Commercial banks are largest lender in the Indian economy and they provide minimum 18% of loans to agriculture under the Priority Sector Lending norms.Â
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The daily aggregate limit for Person-to-Merchant (P2M) transactions under UPI has been raised to:
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