CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Bank of Maharashtra has signed an MoU with which bank to boost ongoing developmental initiatives linked to priority sector lending in Maharashtra?
A
RBI
B
NABARD
C
World Bank
D
SEBI
Explanation: 

Detailed explanation-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-2: -NABARD - National Bank For Agriculture And Rural Development.

Detailed explanation-3: -National Bank for Agriculture and RuralDevelopment (NABARD) was established on 12 July 1982 by an Act of theParliament.

Detailed explanation-4: -To be a vibrant, forward looking, techno-savvy, customer centric bank serving diverse sections of the society, enhancing shareholders’ and employees’ value while moving towards global presence.

There is 1 question to complete.