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Question

How much amount will be expanded by NABARD in the fiscal (2018-19) to improve the rural economy?

The correct answer is ₹ 80,000 crore

NABARD's Financial Support for Rural Economy in Fiscal Year 2018-19

NABARD (National Bank for Agriculture and Rural Development) plays a crucial role in the development of the rural economy in India. It provides financial assistance and support for various rural development activities, including agriculture, infrastructure, and micro-enterprises.

The question asks about the amount NABARD planned to expand or sanctioned for the improvement of the rural economy during the fiscal year 2018-19.

Based on reports and announcements regarding NABARD's plans for the fiscal year 2018-19, a specific amount was earmarked for boosting the rural sector.

For the fiscal year 2018-19, NABARD sanctioned or planned to expand approximately ₹ 80,000 crore towards various initiatives aimed at strengthening the rural economy. This funding supports a wide range of projects designed to enhance rural infrastructure, improve agricultural productivity, and promote rural livelihoods.

Therefore, the amount expanded by NABARD in the fiscal year 2018-19 to improve the rural economy was ₹ 80,000 crore.

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Important Questions from Financial Organisations

  1. Federation of Indian Chambers of Commerce and Industry was established in ___________.

  2. When was NABARD established?

  3. Small Industries Development Bank of India (SIDBI) is regulated by _______.

  4. What does 'E' stand for in SEBI?

  5. Which of the following is NOT a limitation of financial accounting?

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