65th B.P.S.C. (Pre) 2019
Which one of the following is not source of direct finance?
aNABARD
bRegional Rural Banks
cState Bank of India
dAllahabad Bank
eNone of the above/More than one of the above✓ Correct
Explanation
All the institutions given in the options are sources of direct finance. However, NABARD does not provide direct finance to citizens, but it provides direct finance to food parks, cooperative banks, etc. Other institutions provide direct finance to citizens as well as to micro, small and large enterprises.
economic-social-development