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Questions and Answers
According to the National Bank for Agriculture and Rural Development Act, when was the Act amended for the first time?
According to the National Bank for Agriculture and Rural Development Act, when was the Act amended for the first time?
- 1985
- 2000
- 1988 (correct)
- 2003
What is the main purpose of the National Bank for Agriculture and Rural Development?
What is the main purpose of the National Bank for Agriculture and Rural Development?
- To promote integrated rural development (correct)
- To provide credit and facilities for agriculture only
- To establish micro-enterprises
- To regulate credit for rural crafts
Which of the following is NOT included in the economic activities supported by the National Bank for Agriculture and Rural Development?
Which of the following is NOT included in the economic activities supported by the National Bank for Agriculture and Rural Development?
- Small enterprises
- Medium enterprises
- Micro-enterprises
- Large enterprises (correct)
What year was the National Bank for Agriculture and Rural Development Act established?
What year was the National Bank for Agriculture and Rural Development Act established?
According to the National Bank for Agriculture and Rural Development Act, what are some of the rural crafts supported by the bank?
According to the National Bank for Agriculture and Rural Development Act, what are some of the rural crafts supported by the bank?
Which Act amended the National Bank for Agriculture and Rural Development Act in the year 2000?
Which Act amended the National Bank for Agriculture and Rural Development Act in the year 2000?
What is the full name of the development bank established by the National Bank for Agriculture and Rural Development Act?
What is the full name of the development bank established by the National Bank for Agriculture and Rural Development Act?
Which of the following is NOT a sector supported by the National Bank for Agriculture and Rural Development?
Which of the following is NOT a sector supported by the National Bank for Agriculture and Rural Development?
What is the main objective of the National Bank for Agriculture and Rural Development?
What is the main objective of the National Bank for Agriculture and Rural Development?
In which year was the National Bank for Agriculture and Rural Development Act established?
In which year was the National Bank for Agriculture and Rural Development Act established?
According to the National Bank for Agriculture and Rural Development Act, what is the purpose of establishing the bank?
According to the National Bank for Agriculture and Rural Development Act, what is the purpose of establishing the bank?
Which of the following is NOT included in the economic activities supported by the National Bank for Agriculture and Rural Development?
Which of the following is NOT included in the economic activities supported by the National Bank for Agriculture and Rural Development?
According to the National Bank for Agriculture and Rural Development Act, what is the main objective of the bank?
According to the National Bank for Agriculture and Rural Development Act, what is the main objective of the bank?
According to the National Bank for Agriculture and Rural Development Act, what are some of the rural crafts supported by the bank?
According to the National Bank for Agriculture and Rural Development Act, what are some of the rural crafts supported by the bank?
According to the National Bank for Agriculture and Rural Development Act, when was the Act last amended?
According to the National Bank for Agriculture and Rural Development Act, when was the Act last amended?
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Study Notes
National Bank for Agriculture and Rural Development Act
- The National Bank for Agriculture and Rural Development Act was established in 1981.
- The main purpose of the National Bank for Agriculture and Rural Development is to provide credit and other facilities for the development of agriculture, rural industries, and rural crafts.
- The bank supports various economic activities, including agriculture, rural industries, rural crafts, and other allied activities.
- Rural crafts supported by the bank include handloom, handicrafts, and other rural crafts.
- The main objective of the National Bank for Agriculture and Rural Development is to promote sustainable and equitable agriculture and rural development.
- The bank was established to provide institutional credit for the development of agriculture, rural industries, and rural crafts.
- The Act was amended for the first time in 2000, through the National Bank for Agriculture and Rural Development (Amendment) Act, 2000.
- The full name of the development bank established by the National Bank for Agriculture and Rural Development Act is the National Bank for Agriculture and Rural Development (NABARD).
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