Answer / Ramesh Pal

NABARD, or National Bank for Agriculture and Rural Development, is an apex development bank in India that promotes rural development through credit support for agriculture, small-scale industries, and other economic activities in rural areas. Its key features include providing medium-to-long term credit to rural cooperative banks and regional rural banks, supporting state and central government initiatives in rural development, and acting as a nodal agency for various government schemes focused on rural areas.

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