BANKING GENERAL KNOWLEDGE
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
National Bank for Agriculture and Rural Derivative
|
|
|
National Bank for Agriculture and Rural District
|
|
|
National Bank for Agriculture and Rural Development
|
|
|
National Bank for Agriculture and Rural Division
|
Detailed explanation-1: -National Bank for Agriculture and RuralDevelopment (NABARD) was established on 12 July 1982 by an Act of theParliament.
Detailed explanation-2: -NABARD-National Bank For Agriculture And Rural Development.
Detailed explanation-3: -1. NABARD is a Development Bank with a mandate for providing and regulating credit for the development of agriculture, small-scale industries, cottage and village industries, handicrafts and other allied economic activities in rural areas to promote prosperity of rural areas.
Detailed explanation-4: -Is NABARD under RBI? The Reserve Bank of India divested its entire stake in the National Bank for Agriculture and Rural Development (NABARD) and National Housing Bank (NHB). With this divestment, the Government of India holds a 100% stake in both of these financial institutions.
Detailed explanation-5: -National Bank For Agriculture & Rural Development (NABARD) is set up as an apex Development Bank by the Government of India with a mandate for facilitating credit flow for promotion and development of agriculture, cottage and village industries.