Economics • Banking & FinanceEasy
Which apex financial institution operates regional offices in Dehradun to coordinate agricultural and rural development credit flow across the districts of Uttarakhand?
A. NABARD✓ Correct Answer
B. SEBI
C. IRDAI
D. SIDBI
💡 Solution & Explanation
National Bank for Agriculture and Rural Development acts as the apex development bank in India, with a regional office in Dehradun overseeing rural credit planning, cooperative bank refinancing, and developmental initiatives in Uttarakhand. It plays a pivotal role in formulating the State Focus Paper for rural lending. Regional rural banks and district central cooperative banks work in close coordination with this institution.
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