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NABARD is the open bank providing credit to sector
ombined sector
industrial sector
agricultural sector
tertiary sector
- The National Bank for Agriculture and Rural Development (NABARD) plays a crucial role in providing credit and fostering development in the agricultural and rural sectors.
- Option 3: Agricultural sector
- NABARD primarily focuses on supporting agriculture by providing credit facilities and infrastructure development, improving agricultural productivity.
- It is responsible for planning, policy-making, and operations in the field of credit for agriculture and other economic activities in rural areas.
- Option 1: Combined sector
- This option is vague, and NABARD does not target sectors in a combined form. Its primary role is specific to agriculture and rural development.
- Option 2: Industrial sector
- NABARD is not primarily focused on the industrial sector, which falls under different financial institutions focused on industry support.
- Option 4: Tertiary sector
- While NABARD facilitates rural infrastructure that might indirectly support tertiary activities, its direct credit provision focuses on agriculture.
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