The National Bank for Agriculture and Rural Development announced a ₹ ________ crore venture capital fund for equity investments in agriculture and rural-focused startups.
  • a)
    400
  • b)
    500
  • c)
    600
  • d)
    700
Correct answer is option 'D'. Can you explain this answer?
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SSC Question

By SOURAV KUMAR · 2 weeks ago ·SSC
Knowledge Hub answered 1 week ago
  • The National Bank for Agriculture and Rural Development announced a Rs 700-crore venture capital fund for equity investments in agriculture and rural-focused startups. 
  • Nabard has been contributing to other funds till now and this is the first time that the rural development bank has launched a fund of its own. 
  • The fund has been launched by Nabventures with a proposed corpus of Rs 500 cr. 

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