Which of the following is main function of NABARD ........

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Which of the following is main function of NABARD?

To serve as an apex funding agency for the institutions providing credit in rural areas

To provide credit to the youths in urban areas

To undertake monitoring and evaluation of projects refinanced by it

Both a and c

Explanation:

- Option 1: NABARD, the National Bank for Agriculture and Rural Development, primarily functions as an apex funding agency for institutions providing credit in rural areas. This involves facilitating rural infrastructure development and promoting sustainable agriculture.

- Option 2: NABARD does not provide credit specifically targeted at urban youth, as its focus remains on rural development.

- Option 3: NABARD also undertakes monitoring and evaluation of projects it refinances, ensuring effective implementation and assessing impact.

- Option 4: This option encompasses both Option 1 and Option 3, accurately describing NABARD's main functions.

The Correct Answer is Option 4.