BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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IRDAI
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SBI
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NABARD
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SIDBI
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Detailed explanation-1: -The National Bank for Agriculture and Rural Development (Nabard) has approved Rs 65, 634.93 crore loan so far to 93 prioritised irrigation projects under the government’s flagship scheme Pradhan Mantri Krishi Sinchai Yojana (PMKSY), its chairman H K Bhanwala said.
Detailed explanation-2: -MIF with an initial corpus of Rs. 5000 crore was operationalized in NABARD in 2019-20 to facilitate State Govts. efforts in mobilizing additional resources for expanding coverage under micro irrigation and incentivizing its adoption beyond provisions of Pradhan Mantri Krishi Sinchayee Yojana-Per Drop More Crop.
Detailed explanation-3: -The state-run National Bank for Agriculture and Rural Development, NABARD has set a target of providing 30, 000 crore rupees as credit to farmers for irrigation over the next three years.
Detailed explanation-4: -RURAL INFRASTRUCTURE DEVELOPMENT FUND Government of India created the RIDF in NABARD in 1995-96, with an initial corpus of Rs. 2, 000 crore.
Detailed explanation-5: -The Scheme was launched by the Department of Agriculture & Cooperation, Ministry of Agriculture in January, 2006 as Centrally Sponsored Scheme on Micro Irrigation (CSS).