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Question

What is the correct full form of NABARD from below?

This question was previously asked in
RRB NTPC 2019 CBT 1 Question Paper (8-Mar-2021) (Shift 2)
The correct answer is
National Bank for Agriculture and Rural Development

NABARD Full Form Explained

The question asks for the correct full form of the acronym NABARD.

Identifying the Correct NABARD Acronym

NABARD stands for:

  • National Bank for Agriculture and Rural Development

This is the officially recognized full form of the institution.

Analyzing the Options

Let's examine why the other options are incorrect:

  • Option 1 (National Bank for Asian Research Development) is incorrect because NABARD focuses on Indian agriculture and rural sectors, not specifically Asian research.
  • Option 2 (National Bank for Agriculture and Resource Development) is incorrect. While it relates to agriculture, the correct term is 'Rural', not 'Resource'.
  • Option 4 (National Bank for Agri Related Development) is too generic and does not represent the official name. The word 'Agri' is an abbreviation, and 'Related' is not part of the official title.

Therefore, the correct expansion of NABARD is the National Bank for Agriculture and Rural Development.

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