BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
National Bank for Agriculture and Rural Development has celebrated the____Foundation Day on 12th July 2018.
A
36th
B
35th
C
37th
D
33rd
Explanation: 

Detailed explanation-1: -NABARD came into existence on 12 July 1982 by transferring the agricultural credit functions of RBI and refinance functions of the then Agricultural Refinance and Development Corporation (ARDC). It was dedicated to the service of the nation by the late Prime Minister Smt. Indira Gandhi on 05 November 1982.

Detailed explanation-2: -Detailed Solution. The correct answer is Dr. Harsh Kumar Bhanwala. Dr Harsh Kumar Bhanwala is the current chairman of NABARD of July 2018.

Detailed explanation-3: -It was established on 12th July. 1982 in sixth five year plan by a special act by the parliament and its main focus was to uplift rural India by increasing the credit flow for elevation of agriculture and rural non-farm sector.

There is 1 question to complete.