Question

_______ is the National Bank to regulate and control the rural credit in India

• A. Urban banks
• B. Co-operative banks
• C. NABARD
• D. SBI

Answer 1

Answer:

C. NABARD

NABARD

• Established 12 July 1982 under Act of parliament 1981 

• Act 61 1981 

• Head Quarters: Mumbai 

• 31 Regional officers

• 7 Department 

• Chairman: SHAJI.K.V 

• Formed as per the recommendation of CRAFICARD (B Sivaraman Committee) 

• CRAFICARD : Committee to Review Arrangements For Institutional Credit for Agriculture and Rural Development

• Chairman B. Sivaraman - appointed by RBI in 1979 March 30

• NABARD is the National Bank to regulate and control rural credit in India. 

• Research and Development Fund created by NABARD 

• Non overdue cover is the condition imposed by NABARD to DCB. 

• ICDP implemented by NCDC with the financial assistance of NABARD 

• The term Development Action plan started by NABARD.