NABARD Overview and Human Resource Management

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Questions and Answers

What is a core objective of the Pragati 1.0 plan?

To focus solely on urban infrastructure.

To promote inclusive growth and sustainable development. (correct)

To provide fixed interest loans without innovation.

To eliminate all forms of agricultural credit.

Which initiative emphasizes a customized approach to state financing?

Universal financing model.

Comprehensive rural debt relief.

Basel Accords integration.

Segment of One strategy. (correct)

What significant innovation did NABARD introduce related to climate finance?

Mandatory loans for fossil fuel projects.

A comprehensive ban on all carbon emissions.

A standard financing model for all states.

A ‘green taxonomy’ for credit assessment. (correct)

Which event marked the launch of India's first sub-national climate finance facility?

A signing with the Government of Goa on 20 February 2024. Signup and view all the answers

What is the main purpose of the ENSURE 2.0 portal?

To enhance data collection and management capabilities across departments Signup and view all the answers

What was one measure taken to enhance NABARD's implementation capabilities under UNNATI?

Prioritizing internal capability augmentation. Signup and view all the answers

Which feature is NOT mentioned as part of the ENSURE 2.0 portal?

Real-time data analytics Signup and view all the answers

What is the estimated date for operationalizing ENSURE 2.0?

During FY2025 Signup and view all the answers

In which financial information ecosystem has NABARD joined as a user?

Account aggregator Signup and view all the answers

What is the role of the Samiksha portal in the account aggregator ecosystem?

To facilitate consent-based information flow between providers and users Signup and view all the answers

How many returns and reports are under development in ENSURE 2.0?

Close to 200 Signup and view all the answers

What key advantage does the integration of multiple APIs provide for ENSURE 2.0?

Enhanced collaboration with third-party applications Signup and view all the answers

Which of the following statements about consent-based financial information is true?

It requires permission from stakeholders before sharing information Signup and view all the answers

When was the soft launch of ENSURE 2.0 conducted?

27 February 2024 Signup and view all the answers

What future benefit does the integrated portal of ENSURE 2.0 promise to offer users?

Streamlined generation of various report types Signup and view all the answers

What is the primary focus of NABARD as the apex development bank of India?

Fostering rural prosperity Signup and view all the answers

Which aspect is emphasized as a key component of NABARD’s human resource management?

Effective management and robust systems Signup and view all the answers

What is highlighted as essential for building capacity within NABARD?

Aligning candidates with suitable jobs Signup and view all the answers

Which of the following is mentioned as a benefit of effectively executing human resource management at NABARD?

Elevated quality of work and trust-building Signup and view all the answers

What long-term outcome is NABARD aiming for through the nurturing of its human resources?

Achieving lasting results in rural development Signup and view all the answers

What has NABARD been committed to over the past four decades?

Fulfilling its mandate to foster rural prosperity Signup and view all the answers

How does NABARD respond to the evolving aspirations of rural India?

Through responsive and relentless reskilling of personnel Signup and view all the answers

What organizational structure does NABARD strive to create through its human resources strategy?

An exemplary knowledge-based organization Signup and view all the answers

What is the primary purpose of conducting public awareness initiatives during Vigilance Awareness Week?

To promote ethical conduct and governance Signup and view all the answers

Who has been designated as the Transparency Officer at NABARD?

L. Leivang Signup and view all the answers

What significant event took place during Vigilance Awareness Week on November 3, 2023?

A walkathon organized by NABARD Signup and view all the answers

What is the role of Chief General Manager Monomoy Mukherjee in the context of the RTI Act?

First Appellate Authority Signup and view all the answers

How many RTI applications were received by NABARD during the period ending March 2024?

1,619 applications Signup and view all the answers

What types of activities were conducted for the children of staff members during Vigilance Awareness Week?

Quiz and drawing competitions Signup and view all the answers

What was the outcome of the Grievance Redressal Committee's meetings in FY2024?

Five out of six eligible applications were addressed Signup and view all the answers

What significant aspect of NABARD's operations relates to achieving transparency?

Implementing the Right to Information Act, 2005 Signup and view all the answers

Which activity is NOT mentioned as part of the initiatives during Vigilance Awareness Week?

Workshops for senior management Signup and view all the answers

What defines the relationship between NABARD's enterprise architecture and its clients?

A focus on transparency through ICT services Signup and view all the answers

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

To achieve 386 milestones for rural development Signup and view all the answers

How many strategies support the 'Pragati 1.0' plan initiated by NABARD?

86 strategies Signup and view all the answers

Which social media platform is NOT mentioned as part of NABARD's intensified positioning?

LinkedIn Signup and view all the answers

What feature does the redesigned corporate website of NABARD emphasize?

Greater accessibility Signup and view all the answers

What is one of the key elements outlined in NABARD's Code for Communication?

Communication strategies for stakeholders Signup and view all the answers

What is the timeframe for the implementation of the 'Pragati 1.0' plan?

2023-2028 Signup and view all the answers

Which of the following best describes the approach of NABARD's 'Pragati 1.0' plan?

People-focused and solution-oriented Signup and view all the answers

Which aspect of NABARD's operations was enhanced for retrieving publications?

Central warehousing module Signup and view all the answers

What campaign strategy aligns with NABARD's operational mandate on social media?

Topical content creation Signup and view all the answers

Which visual aspect was improved in the redesign of NABARD's corporate website?

Refreshing colour scheme Signup and view all the answers

Study Notes

NABARD Overview

NABARD serves as the apex development bank in India, dedicated to fostering rural prosperity for over four decades.
The focus on human resources includes investment in employee wellbeing and happiness at the workplace.

Human Resource Management

Emphasizes the importance of matching skills with job roles to build capacity and expertise in rural development.
Strives to create a knowledge-based organization, maintaining high transparency and accountability standards.
Activities include an Integrity Pledge and public awareness initiatives to strengthen ethics and governance among staff.

Right to Information (RTI) Act, 2005

NABARD prioritizes transparency, designating senior officers as Central Public Information Officers.
Received 1,619 RTI applications and resolved numerous appeals within prescribed time limits.
Established a Grievance Redressal Committee to address concerns efficiently.

ENSURE 2.0 Portal

Introduction of ENSURE 2.0, an advanced data collection and management portal aimed at enhancing operational efficiency.
Portal to facilitate user-friendly data handling, integrated reports, and accommodate new departmental requirements.
Expected to be fully operational by FY2025, supporting nearly 200 returns and reports.

Samiksha Portal

NABARD has entered the 'account aggregator' ecosystem with the Samiksha portal to manage consent-based financial information.
This initiative allows various departments to access stakeholder financial data for informed decision-making.

Digital and Media Engagement

Launched a redesigned corporate website focusing on accessibility and user-friendly features.
Strengthened social media presence across platforms like Facebook, Instagram, and YouTube to communicate NABARD's mission effectively.

Strategic Plan: Pragati 1.0

Formulated a Five-Year Strategic Plan, 'Pragati 1.0,' beginning 1 April 2023, encompassing 7 visions and 86 strategies aimed at achieving 386 milestones by FY2028.
The plan focuses on promoting inclusive growth, rural credit institution resilience, and sustainable development.
By March 2024, 96 milestones had already been achieved.

UNNATI Initiative

NABARD's internal repositioning effort, 'UNNATI,' is designed to enhance capabilities for implementing 'Pragati 1.0.'
Introduces a revised model of state financing to tailor credit offerings based on individual state needs.
Launched India’s first sub-national climate finance facility, showcasing commitment to climate financing through a ‘green taxonomy.’

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Description

This quiz explores the functions of NABARD as the apex development bank in India, emphasizing its commitment to rural prosperity and employee wellbeing. It also covers key aspects of Human Resource Management, transparency through the RTI Act, and initiatives like the ENSURE 2.0 portal. Test your understanding of NABARD's contributions to rural development and governance.