GENERAL KNOWLEDGE

GK

IMPORTANT ABBREVIATIONS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the full form of “PCARDB"?
A
Profit and Recap Deposit Binding
B
Proof on Condition of Anonymity and Deficit Business
C
Profit by Capitalisation and Revised Deposit Basis Points
D
Primary Cooperative Agriculture and Rural Development Bank
Explanation: 

Detailed explanation-1: -primary co-operative agricultural and rural development bank means a society having its area of operation confined to a taluk and the principal object of which is to provide for long-term credit for agricultural and rural development activities.”

Detailed explanation-2: -1.BACKGROUND. National Bank for Agriculture and RuralDevelopment (NABARD) was established on 12 July 1982 by an Act of theParliament.

Detailed explanation-3: -Its main aim is to provide an investment opportunity for farmers and most importantly where farmers can get loans for their farming activities. These are heavily subsidized by the government at very low interest rates and also grants provided by the government.

There is 1 question to complete.