The Rural Infrastructure Development Fund (RIDF) was created in 1995-96 with the primary objective of providing funds to state governments and state- owned corporations to accelerate the completion of projects related to rural infrastructure. NABARD was designated as the administrator of this fund.
Which one of the following organisations administers finances of Rural infrastructural Developmet fund.
Asked in UPPSC Upper Mains 2013 · Topic: Money & Banking (Cooperative Banks and Development Financial Institutions (DFIs))
More Economic Development questions
- Which of the following banks operates mainly in relation to small industries ?
- Industrial Finance Corporation of India works as:
- As on March 2012, the number of Urban Co-operative Banks in India was :
- NABARD came into existence in the year
- Long-term agricultural credit is provided by
- The Government of India has recently acquired the RBI's stake in
- Consider the following financial institution of India: 1. Industrial Finance Corporation of India (IFCI) 2. Industrial Credit and Investment Corporation of India (ICICI) 3. Industrial Development Bank of India (IDBI) 4. National Bank for Agriculture and Rural Development (NABARD) The correct chronological sequence of the establishment of these institutions is
- It was the first development financial institution in India. 2. Industrial Credit and Investment Corporation of India (ICICI): Incorporated in 1955.
