Question

Agriculture Refinance Corporation (ARC) was set up in

• A. 1961
• B. 1965
• C. 1963
• D. 1970

Answer 1

Answer:

C. 1963

• Agriculture Refinance Corporation ARC was set up in 1963 

• ARDC Agriculture Refinance Development Corporation (ARDC) 1972 

• Also called National Agriculture Bank of India - NABARD 

• The main refinancing agency of cooperative Banks - NABARD