Question

Which of the following are correct about NABARD?

1. It provides credits to RRBs, Co-operative Banks
2. It was set up in July 1982
3. It maintain a Research and Development Fund to promote research in rural development
4. It can accept short-term public deposits

• A. None of these
• B. All
• C. iii, iv
• D. i, ii, iii

Answer 1

Answer:

D. i, ii, iii

• NABARD (National Bank for Agriculture and Rural Development) is a premier development financial institution in India, established in 1982 JULY • It maintain a Research and Development Fund to promote research in rural development Main objectives 1. Promoting agriculture and rural development 2. Supporting rural credit and microfinance 3. Enhancing rural infrastructure 4. Encouraging sustainable agriculture practices NABARD's initiatives: 1.Rural Infrastructure Development Fund (RIDF) 2. National Rural Livelihoods Mission (NRLM) 3. Pradhan Mantri Awas Yojana - Rural (PMAY-R) 4. Soil Health Card Scheme 5. Pradhan Mantri Krishi Sinchayee Yojana (PMKSY)