With reference to Asia Pacific Rural Agricultural and Credit Association APRACA which of the followi...........

Explanation:

Asia-Pacific Rural Agricultural and Credit Association (APRACA) is the organization on rural and agricultural finance that helps promote productivity, inclusive growth, self-reliance, and welfare of the rural poor in the Asia-Pacific region. Its main goal is to alleviate poverty in the Asia Pacific Region through rural and agricultural finance by facilitating cooperation as well as an exchange of information and expertise among its member institutions.

• Statement 1 is not correct: It was under the auspices of FAO that rural finance and agricultural credit institutions in the region formally launched APRACA during its first General Assembly Meeting in New Delhi, India, on October 14, 1977, held in conjunction with the third FAO Asian Conference on Agricultural Credit and Cooperatives (October 10-14, 1977 in New Delhi).
• Statement 2 is not correct: The Asia-Pacific Rural and Agricultural Credit Association (APRACA) is a non- government international organization composed mainly of central banks, agricultural banks, development banks, commercial banks, apex organizations and federations of financial institutions, rural development institutions, institutes and non-government institutions in the Asia Pacific region involved directly in agricultural credit and rural development.
• Statement 3 is correct: Its mission is to promote the efficiency and effectiveness of rural finance and improve access to financial services through a network of knowledge sharing and learning, capacitybuilding, research and exchange of expertise.