In India, NABARD (National Bank for Agriculture and Rural Development) is a financial institution that provides refinance to specific banks and institutions to support agricultural and rural development.
Option 1: Scheduled Commercial Banks are commercial banks that are authorized to receive deposits and provide loans to the public. NABARD does provide re-finance to Scheduled Commercial Banks, so this option is not correct.
Option 2: Regional Rural Banks (RRBs) are specialized banks that focus on providing financial services in rural areas. NABARD does provide re-finance to RRBs, so this option is not correct.
Option 3: The Export-Import Bank (EXIM Bank) is a government-owned bank that promotes international trade by financing exports and imports. NABARD does not provide re-finance to the EXIM Bank, so this option is correct.
Option 4: State Land Development Banks (SLDBs) are banks that provide long-term finance for irrigation, agriculture, and land development projects. NABARD does provide re-finance to SLDBs, so this option is not correct.
Therefore, the correct answer is option 3, as NABARD does not provide re-finance to the Export-Import Bank.