BANKING GENERAL KNOWLEDGE
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Third Five Year Plan
|
|
|
Fifth Five Year Plan
|
|
|
Sixth Five Year Plan
|
|
|
Eighth Five Year Plan
|
Detailed explanation-1: -It was established during the Sixth Five Year Plan (1980-1985).
Detailed explanation-2: -National Bank for Agriculture and RuralDevelopment (NABARD) was established on 12 July 1982 by an Act of theParliament.
Detailed explanation-3: -The National Bank for Agricultural and Rural Development (NABARD) is an apex development bank in India, having headquarters based in Mumbai. It was established on the recommendation of the B. Sivaraman Committee on 12 July 1982 under the Sixth Five-year plan by Act 61, 1981 of Parliament act.
Detailed explanation-4: -Sixth Plan (1980–1985) This was the end of Nehruvian socialism. The National Bank for Agriculture and Rural Development was established for development of rural areas on 12 July 1982 by recommendation of the Shivaraman Committee.
Detailed explanation-5: -The Seventh Five-Year Plan was introduced in 1985 to help India reach its development goals by 1990. The plan called for increased industrial and agricultural production, as well as improved economic efficiency. Despite some initial successes, the Seventh Five-Year Plan ultimately failed to achieve all of its goals.