Which of the following is NOT a function of NABARD?
A. Refinancing rural credit institutions
B. Issuing currency notes
C. Supervising cooperative banks and RRBs
D. Promoting rural development
Answer: Option B
Solution (By JKSSB Mock Tests)
Issuing currency is the function of RBI. NABARD provides refinancing, promotes rural development and supervises cooperative banks and Regional Rural Banks.
Explanation:
Economic development is a broader concept than growth and includes improvements in living standards, health, education, reduction in poverty and inequality, as reflected in indices like HDI.
Explanation:
The circular economy seeks to keep products, materials and resources in use for as long as possible, extracting maximum value and then recovering and regenerating them at the end of their service life.
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