GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The ARDC is now a branch of the
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RBI
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NABARD
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IDBI
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SDBI
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Explanation:
Detailed explanation-1: -ARDC is a branch of NABARD. What is the full form of ARDC? Notes: 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).
Detailed explanation-2: -Reserve Bank of India (RBI) formed a committee on 30 March 1979 under the chairmanship B. Sivaraman, a former member of Planning Commission to review the arrangement for Institutional Credit for Agriculture and Rural Development in the country.
There is 1 question to complete.