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Question

NABARD is an apex body which coordinates all the activities of all institutions involved in the rural financing system was set up in the year _______.


A
1964
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B
1982
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C
1975
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D
1988
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Solution

The correct option is B 1982

1:NABARD was set up in the year 1982
2:NABARD stands for National Bank for Agriculture and Rural Development.
3:This bank deals with matters concerning policy, planning and operations in the field of credit for
agriculture and other economic activities in rural areas in India.
4:Its headquarters is located in Mumbai


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