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Question

National Bank for Agriculture and Rural Development(NABARD) aims at providing credit and other facilities for the promotion and development of ________ industries.

The correct answer is
rural

NABARD's Mission and Rural Industries

The National Bank for Agriculture and Rural Development (NABARD) is an apex regulatory body established by the Government of India.

Key Focus Area: The name itself, National Bank for Agriculture and Rural Development, indicates its primary focus.

  • NABARD provides crucial credit and other financial facilities.
  • Its objective is to foster the promotion and development of rural industries.
  • This includes supporting agriculture, handicrafts, village and cottage industries, and other rural economic activities.

Therefore, NABARD aims at providing credit and other facilities for the promotion and development of rural industries.

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Important Questions from RRBs & NABARD

  1. NABARD launched a special pilot project in 2004 - 05 called _______ mainly to fulfil the credit needs of the small and marginal farmers and tenant farmers.

  2. Which institution had launched the project E-Shakti for the digitization of all members of self-help groups in India?

  3. Where is the headquarters of National Bank for Agriculture and Rural Development of India (NABARD) located?

  4. ______ 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.

  5. Which institution launched the Self-Help Group - Bank Linkage Programme in 1992-93?

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