NABARD Quiz
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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?

  • 1985
  • 2000
  • 1988 (correct)
  • 2003

    • 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?

  • Small enterprises
  • Medium enterprises
  • Micro-enterprises
  • Large enterprises (correct)

    • What year was the National Bank for Agriculture and Rural Development Act established?

    <p>1981</p> Signup and view all the answers

    According to the National Bank for Agriculture and Rural Development Act, what are some of the rural crafts supported by the bank?

    <p>All of the above</p> Signup and view all the answers

    Which Act amended the National Bank for Agriculture and Rural Development Act in the year 2000?

    <p>Act No. 55 of 2000</p> Signup and view all the answers

    What is the full name of the development bank established by the National Bank for Agriculture and Rural Development Act?

    <p>National Bank for Agriculture and Rural Development</p> Signup and view all the answers

    Which of the following is NOT a sector supported by the National Bank for Agriculture and Rural Development?

    <p>Large enterprises</p> Signup and view all the answers

    What is the main objective of the National Bank for Agriculture and Rural Development?

    <p>Promoting integrated rural development</p> Signup and view all the answers

    In which year was the National Bank for Agriculture and Rural Development Act established?

    <p>1981</p> Signup and view all the answers

    According to the National Bank for Agriculture and Rural Development Act, what is the purpose of establishing the bank?

    <p>To promote integrated rural development and secure prosperity of rural areas</p> Signup and view all the answers

    Which of the following is NOT included in the economic activities supported by the National Bank for Agriculture and Rural Development?

    <p>Large enterprises</p> Signup and view all the answers

    According to the National Bank for Agriculture and Rural Development Act, what is the main objective of the bank?

    <p>To provide credit facilities for all economic activities in rural areas</p> Signup and view all the answers

    According to the National Bank for Agriculture and Rural Development Act, what are some of the rural crafts supported by the bank?

    <p>Handicrafts industry</p> Signup and view all the answers

    According to the National Bank for Agriculture and Rural Development Act, when was the Act last amended?

    <p>2018</p> Signup and view all the answers

    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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    Description

    Test your knowledge about the National Bank for Agriculture and Rural Development (NABARD) with this quiz. Learn about the establishment, functions, and amendments to the NABARD Act.

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