Question:
The main agency for implementing Rural Infrastructure Development Fund is :
The main agency for implementing Rural Infrastructure Development Fund is :
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RIDF is operated by NABARD.
Updated On: Oct 3, 2026
- SIDBI
- EXIM Bank
- IFCI
- NABARD
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Verified By Collegedunia
The Correct Option is D
Solution and Explanation
Step 1: Understanding the Question:
• The Rural Infrastructure Development Fund (RIDF) was set up to finance rural infrastructure projects of state governments.
Step 2: Detailed Explanation:
• RIDF was created in 1995-96 and is managed by NABARD, the apex bank for agriculture and rural development.
• SIDBI looks after small industries, EXIM Bank looks after foreign trade finance and IFCI is an industrial finance institution, so none of them implements RIDF.
Step 3: Final Answer:
The correct option is (D) NABARD.
• The Rural Infrastructure Development Fund (RIDF) was set up to finance rural infrastructure projects of state governments.
Step 2: Detailed Explanation:
• RIDF was created in 1995-96 and is managed by NABARD, the apex bank for agriculture and rural development.
• SIDBI looks after small industries, EXIM Bank looks after foreign trade finance and IFCI is an industrial finance institution, so none of them implements RIDF.
Step 3: Final Answer:
The correct option is (D) NABARD.
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