New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    To whom does NABARD extend refinance

    assistance?
    A State co-operative banks Correct Answer Incorrect Answer
    B Regional rural banks Correct Answer Incorrect Answer
    C Scheduled commercial banks Correct Answer Incorrect Answer
    D A & B both Correct Answer Incorrect Answer
    E all of the above Correct Answer Incorrect Answer

    Solution

    NABARD can give refinance assistance to Scheduled Commercial Banks, Regional Rural Banks, State Cooperative Banks, State Cooperative Agriculture and Rural Development Banks, District Central Cooperative Banks, Primary Urban Cooperative Banks, Small Finance Banks NBFCs/NBFC-MFIs etc. or any other financial institution, approved by Reserve Bank of India (RBI).

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