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Discussion

The duration of fund raising from the commercial banks to the extent of RIDFs shortfall in agricultural lending is _________.
 

  • A.daily
  • B.weekly
  • C.monthly
  • D.yearly

Answer: D

RIDF was set up in NABARD in 1995-96 to boost public sector investment in agriculture and rural infrastructure. The fund is raised yearly from the commercial banks to the extent of their shortfall in agricultural lending. The corpus of RIDF I-XV amounted to Rs. 1,03,718 crore by March 31, 2010.

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