Which of the following sets up core banking infrastructure for rural banks?

a. IBA

b. NABARD

c. RBI

d. SIDBI

ANSWER: NABARD

Explanation:

National Bank for Agriculture and Rural Development has set up joint liability groups (JLG) of farmers to facilitate delivery of credit to farmers. Providing refinance to State Co-operative Banks, Scheduled Commercial Banks and Regional Rural Banks; co-ordinating the activities of different agencies in the field of agriculture and rural credit; improving absorptive capacity of credit delivery system are the major activities of NABARD.