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How much of loan amount has been sanctioned by NABARD under Rural Infrastructure Development Fund (RIDF) to the Government of Goa for the latter’s various Social Infrastructure Projects?
  • a)
    5004.30 lakh
  • b)
    7504.30 Lakh
  • c)
    8504.30 Lakh
  • d)
    6504.30 Lakh
  • e)
    4504.30 Lakh
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
How much of loan amount has been sanctioned by NABARD under Rural Infr...
National Bank for Agriculture and Rural Development (NABARD) has sanctioned loans worth Rs 8504.30 Lakh under Rural Infrastructure Development Fund (RIDF) to the Government of Goa for the latter’s various Social Infrastructure Projects. With this, NABARD achieved 100% of the target fixed for sanction to the Government of Goa during 2020-21.
It was instituted in NABARD with the objective of giving low-cost support to State Governments and State-owned Corporations for quick completion of projects related to medium and minor irrigation, soil conservation and other forms of rural infrastructure.
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How much of loan amount has been sanctioned by NABARD under Rural Infrastructure Development Fund (RIDF) to the Government of Goa for the latter’s various Social Infrastructure Projects?a)5004.30 lakhb)7504.30 Lakhc)8504.30 Lakhd)6504.30 Lakhe)4504.30 LakhCorrect answer is option 'C'. Can you explain this answer?
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