15 Questions
According to the National Bank for Agriculture and Rural Development Act, when was the Act amended for the first time?
1988
What is the main purpose of the National Bank for Agriculture and Rural Development?
To promote integrated rural development
Which of the following is NOT included in the economic activities supported by the National Bank for Agriculture and Rural Development?
Large enterprises
What year was the National Bank for Agriculture and Rural Development Act established?
1981
According to the National Bank for Agriculture and Rural Development Act, what are some of the rural crafts supported by the bank?
All of the above
Which Act amended the National Bank for Agriculture and Rural Development Act in the year 2000?
Act No. 55 of 2000
What is the full name of the development bank established by the National Bank for Agriculture and Rural Development Act?
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?
Large enterprises
What is the main objective of the National Bank for Agriculture and Rural Development?
Promoting integrated rural development
In which year was the National Bank for Agriculture and Rural Development Act established?
1981
According to the National Bank for Agriculture and Rural Development Act, what is the purpose of establishing the bank?
To promote integrated rural development and secure prosperity of rural areas
Which of the following is NOT included in the economic activities supported by the National Bank for Agriculture and Rural Development?
Large enterprises
According to the National Bank for Agriculture and Rural Development Act, what is the main objective of the bank?
To provide credit facilities for all economic activities in rural areas
According to the National Bank for Agriculture and Rural Development Act, what are some of the rural crafts supported by the bank?
Handicrafts industry
According to the National Bank for Agriculture and Rural Development Act, when was the Act last amended?
2018
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).
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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