In India, the bank NABARD does not provide re-finance to

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Q: 115 (CDS-I/2002)
In India, the bank NABARD does not provide re-finance to

question_subject: 

Economics

question_exam: 

CDS-I

stats: 

0,86,65,42,11,86,12

keywords: 

{'bank nabard': [0, 0, 1, 0], 'import bank': [0, 0, 1, 1], 'regional rural banks': [0, 0, 2, 1], 'commercial banks': [0, 0, 1, 1], 'state land development banks': [0, 0, 1, 0]}

In India, NABARD (National Bank for Agriculture and Rural Development) is a financial institution that provides refinance to specific banks and institutions to support agricultural and rural development.

Option 1: Scheduled Commercial Banks are commercial banks that are authorized to receive deposits and provide loans to the public. NABARD does provide re-finance to Scheduled Commercial Banks, so this option is not correct.

Option 2: Regional Rural Banks (RRBs) are specialized banks that focus on providing financial services in rural areas. NABARD does provide re-finance to RRBs, so this option is not correct.

Option 3: The Export-Import Bank (EXIM Bank) is a government-owned bank that promotes international trade by financing exports and imports. NABARD does not provide re-finance to the EXIM Bank, so this option is correct.

Option 4: State Land Development Banks (SLDBs) are banks that provide long-term finance for irrigation, agriculture, and land development projects. NABARD does provide re-finance to SLDBs, so this option is not correct.

Therefore, the correct answer is option 3, as NABARD does not provide re-finance to the Export-Import Bank.

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