Q.Name any three financial institutions the RBI helped establish to promote agricultural, industrial and export credit in India.

The RBI's developmental role went beyond regulation — it directly promoted the creation of dedicated institutions for sectors that needed specialised, long-term credit. …

As part of its developmental (promotional) function, the RBI helped establish specialised institutions to deepen institutional credit in sectors that needed dedicated, long-term financing beyond what ordinary commercial banking could provide:

1. NABARD (National Bank for Agriculture and Rural Development) — set up to promote and refinance institutional credit for agriculture and rural development, taking over the RBI's own earlier agricultural credit functions.
2. IDBI (Industrial Development Bank of India) — established to provide long-term finance and coordinate the activities of other financial institutions financing industry.
3. SIDBI (Small Industries Development Bank of India) — set up specifically to provide credit and support to small-scale and medium industries. …

Confusing NABARD's role (agriculture/rural credit) with SIDBI's role (small industry) — the sector each institut …