INNOVATION AND CREATIVITY
INNOVATION IN ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Mr Gorewalla Committee
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Mr Tanton Committee
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Dr Manmohan
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Dr Raghuramrajan
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Detailed explanation-1: -NABARD was established on the recommendations of the B. Sivaraman Committee on 12 July 1982 to implement the National Bank for Agriculture and Rural Development Act 1981.
Detailed explanation-2: -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-3: -It was established based on the recommendations of the Committee set up by the Reserve Bank of India (RBI) under the chairmanship of Shri B. shivaraman.
Detailed explanation-4: -Sivaraman, conceived and recommended the establishment of the National Bank for Agriculture and Rural Development (NABARD). The Indian Parliament through the Act 61 of 1981, approved the setting up of NABARD.
Detailed explanation-5: -The Narasimham Committee had recommended the creation of Regional Rural Banks. Regional Rural Bank (RRB) is also known as a small man’s bank.