NABARD Economic Evaluations and Insights

Questions and Answers

What is the primary objective of NABARD's Five-Year Strategic Plan 'Pragati 1.0'?

To enhance the operational efficiency of NABARD's urban funding activities

To promote inclusive growth and sustainable development (correct)

To streamline the process of rural credit applications

To improve the profitability of NABARD's investments

Which organization has been engaged as NABARD's Strategy Consultant for the UNNATI initiative?

KPMG

Accenture

Boston Consulting Group (India) Pvt. Ltd. (correct)

McKinsey & Company

How many broad visions anchor NABARD's Five-Year Strategic Plan 'Pragati 1.0'?

7 (correct)

By which year does NABARD's strategic plan aim to achieve its 386 milestones?

FY2028 Signup and view all the answers

What is the duration of the consultancy engagement for UNNATI?

1 year Signup and view all the answers

What aspect is NOT emphasized in NABARD's Five-Year Strategic Plan 'Pragati 1.0'?

Profit maximization Signup and view all the answers

NABARD's new initiatives under UNNATI include working closely with which entities?

State Governments Signup and view all the answers

What is the primary role of the EA Board established within NABARD?

Act as a governance body for the EA framework Signup and view all the answers

How many strategies support the 7 broad visions of 'Pragati 1.0'?

86 Signup and view all the answers

NABARD aims to strengthen which sector through its Five-Year Strategic Plan?

Rural Credit Institutions Signup and view all the answers

What was the total number of seminars/webinars sanctioned during 2023-24?

117 Signup and view all the answers

Which publication summarizes completed R&D studies and provides recommendations?

Research Chronicle Signup and view all the answers

How much funding was disbursed for organizing seminars/webinars in 2023-24?

₹2.41 crore Signup and view all the answers

What topics were covered in the webinars sanctioned by DEAR?

Sustainable Agricultural Practices Signup and view all the answers

Which of the following bulletins tracks the economy and includes an inflation outlook?

EcoThink Signup and view all the answers

Which report was supported with funding during the year?

Sa-Dhan: Bharat Microfinance Report 2023 Signup and view all the answers

What is the purpose of the EcoWatch and EcoThink bulletins?

To serve as inputs for Investment Committee meetings Signup and view all the answers

Which of the following topics was NOT mentioned among the webinar topics?

Advancements in Renewable Energy Signup and view all the answers

What was a unique aspect of the educational film produced for the DOR?

It was produced in a record time of three days. Signup and view all the answers

What feature does the central warehousing module for NABARD publications possess?

A unique alphanumeric code for each publication. Signup and view all the answers

What are the components of the NABARD Code for Communication?

It consists of three sub codes including guidelines for social media. Signup and view all the answers

What was the focus of the media orientation programs conducted?

Foundational techniques for effective media interaction. Signup and view all the answers

How many reels were produced and uploaded on social media in the reporting year by CCD?

47 reels. Signup and view all the answers

What is the primary focus of NABARD's 'Green Taxonomy'?

Credit assessment and tagging green projects Signup and view all the answers

Which entity did NABARD partner with to launch India’s first sub-national climate finance facility?

Government of Goa Signup and view all the answers

What is one of the identified areas for NABARD's partnerships with Multilateral Development Banks?

Green literacy and Zero-carbon food system transformation Signup and view all the answers

What is the purpose of NABARD's proposed Shared Services Entity for Co-operative Banks?

To enhance tech-led CBS+ services for customers Signup and view all the answers

Which of the following is NOT mentioned as part of NABARD's collaborative efforts with Multilateral Development Banks?

Co-financing educational programs Signup and view all the answers

What type of projects is NABARD focusing on in its partnerships with MDBs?

Climate-resilient and green agricultural development Signup and view all the answers

Which of the following organizations is NABARD engaging with for environmental initiatives?

World Bank Signup and view all the answers

What does NABARD's focus on 'Zero-carbon food system transformation' involve?

Implementing solar irrigation systems Signup and view all the answers

What is a potential benefit of pooling offerings within the Shared Services Entity?

Cost-effective and efficient service delivery Signup and view all the answers

What was the primary focus of the week-long campaign executed in partnership with Radio Mirchi?

The significance of millets Signup and view all the answers

How many media interviews were conducted for NABARD's Chairman and top management during the reporting period?

18 Signup and view all the answers

What aspect of agricultural development is NABARD promoting through its innovative Agri-techs?

Environment-friendly agricultural inputs Signup and view all the answers

Which of the following was NOT a part of NABARD's public relations activities?

Engaging with social media influencers Signup and view all the answers

What type of products did the 2024 calendar feature in relation to NABARD?

Geographical Indications Signup and view all the answers

Which media platform aired a special feature on NABARD along with news stories?

ET NOW Signup and view all the answers

What was one of the achievements of NABARD in terms of media visibility?

NABARD's news published 822 times Signup and view all the answers

What unique feature did the calendar with Geographical Indications include?

A QR code linked to NABARD's website Signup and view all the answers

How many press releases were published during the mentioned reporting period?

21 Signup and view all the answers

Which initiative by the Government of India was featured in a publication by NABARD?

Special Campaign 3.0 Signup and view all the answers

What did the corporate brochure titled 'Beyond Numbers' focus on?

Sustainability initiatives Signup and view all the answers

Study Notes

NABARD Support and Research Initiatives

Continuous evaluation support provided for various schemes like KCC, SHGs/JLGs, MSMEs, and cluster offices.
DEAR publishes two bulletins: EcoWatch and EcoThink, focusing on global/domestic economy trends, agriculture, and commodity reviews.
Research Chronicle released its second edition, summarizing findings from R&D studies with six articles during FY2023-24.

Seminars and Webinars

A total of 117 seminars/webinars supported in 2023-24 with a budget of ₹2.41 crore.
Topics included sustainable agriculture, value chain strengthening of millets, and climate change management.

R&D Publications Support

Financially supported two reports: Bharat Microfinance Report 2023 and Review of Rural Affairs with ₹0.13 crore.

Strategic Planning and EA Governance

NABARD initiated a Five-Year Strategic Plan, Pragati 1.0, effective from April 1, 2023, with 7 visions and 86 strategies aimed at inclusive growth and sustainability until FY2028.

UNNATI Initiative

Engaging Boston Consulting Group for a year to implement UNNATI, focusing on new strategies for effective execution of Pragati 1.0.
Prioritized initiatives include:
- State financing partnerships for rural infrastructure development.
- Introduction of a Green Taxonomy to assess and tag climate-resilient projects.
- Collaboration with Multilateral Development Banks for sustainable agricultural and rural projects.

Shared Services Entity and Communication Efforts

Proposal to create a Shared Services Entity for Co-operative Banks to provide tech-led services and achieve operational efficiency.
Media engagement included 18 interviews with top management, 21 press releases, and 35 films produced to showcase initiatives.

Publications and Branding

2024 calendar featured Geographical Indications linked to NABARD's contributions.
A corporate brochure titled ‘Beyond Numbers’ was well received, highlighting NABARD's mission and activities.

Educational Films and Digital Media

35 films produced, including social media-friendly reels, with a total of 328 films completed by March 31, 2024.

Centralized Publication Management

Launch of a central warehousing system for publications, employing unique identification codes for efficient retrieval and online search.

Communication Guidelines

NABARD Code for Communication established to guide internal and external messaging, encompassing public relations, publications, and social media interaction.

Media Training Programs

Conducted media orientation trainings for senior staff to enhance skills in media engagement, press release writing, and networking strategies.

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Description

This quiz focuses on the evaluations and impact studies conducted by NABARD across various sectors, including MSMEs, agriculture, and SHGs/JLGs. It also highlights the publications EcoWatch and EcoThink, which track economic trends and provide crucial insights into global and domestic economic conditions.