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Correct Option is Facilitating credit flow for promotion and development of agriculture

NABARD abbreviated as National Bank for Agriculture and Rural Development established on 12th July 1982. NABARD provides and regulates credit and other facilities for the development and promotion of agriculture, small-scale industries, village industries, handicrafts, cottage industries, etc.
The Head office of NABARD is in Mumbai.
The following are the important functions of NABARD:
Promotion and development of rural areas.
Financing and refinancing of agriculture.
Monitoring coordination with various institutions and agencies and credit planning.
Direct lending to producer's organization and cooperatives.
Facilitating credit flow for the promotion and development of agriculture.

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