NABARD came into existence on 12th july1982 on the recommendations of which committee

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	B.sivaraman
B	HC khetrpal
C	Professor k sivan
D	Deepak mohnaty
E	None

Explanation:

Detailed explanation-1: -The correct answer is Shivaraman Committee. NABARD was established on the recommendations of the B. Sivaramman Committee (by Act 61, 1981 of Parliament) on 12 July 1982 to implement the National Bank for Agriculture and Rural Development Act 1981.

Detailed explanation-2: -The Committee to Review Arrangements for Institutional Credit for Agriculture and Rural Development (CRAFICARD) under the chairmanship of B. Sivaraman, also known as Sivaraman committee recommended the establishment of NABARD.

Detailed explanation-3: -Sivaraman Committee which was created by the Reserve Bank of India (RBI) to review the Arrangements for Institutional Credit for Agriculture and Rural Development (CRAFICARD).

Detailed explanation-4: -The Committee was formed on 30 March 1979, under the Chairmanship of Shri B. Sivaraman, former Member of Planning Commission, Government of India.

Detailed explanation-5: -It was established on the recommendations of B Sivaraman Committee on July 12, 1982, to implement the National Bank for Agriculture and Rural Development Act 1981.

There is 1 question to complete.