UP High Court RO / ARO 07 Jan 2022 Shift 2
  1. In India, the bank NABARD does not provide refinance to
Verified Answer
A. Scheduled Commercial Banks/अनुसूचित व्यावसायिक बैंक
B. Regional Rural Banks / क्षेत्रीय ग्रामीण बैंक
C. State Land Development Banks/राज्य भूमि विकास बैंक
D. Export-Import Bank / आयात-नियति बैंक

Explanation:

NABARD (National Bank for Agriculture and Rural Development) is an apex development bank focused on agriculture and rural development. It provides refinance facilities to various financial institutions like Scheduled Commercial Banks, Regional Rural Banks, and State Land Development Banks that lend to the agriculture and rural sectors. The Export-Import Bank (EXIM Bank) is a specialized financial institution for financing India's international trade and does not fall under NABARD's refinance mandate.