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Question

NABARD was established in __________.

A
Fourth Plan
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B
Fifth Plan
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C
Sixth Plan
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D
Seventh Plan
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Solution

The correct option is C Sixth Plan

The Sixth Five Year Plan India was started from the period between 1980 to1985. Moreover, to achieve agriculture and rural development, a major step was taken. NABARD was established based on the recommendations of B. Sivaraman Committee, by Act 61, 1981 of Parliament on the date of 12 July 1982. The purpose was to implement the National Bank for Agriculture and Rural Development Act of 1981.

Thus, the correct answer is C.


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