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Mahatma Gandhi National Rural Employment Act

Which one of ...

Question

Which one of the following agencies of the Indian Government launched the Grameen Bhandaran Yojana?

A

RBI

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B

SEBI

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C

NABARD

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D

None of the above

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Solution

The correct option is C NABARD
This is a rural godowns scheme which was launched in 2001-02 by NABARD. It was meant to strengthen the network of storage facilities so that farmers can store their produce and sell at fair price so as to avoid distress sale. The scheme was closed in 2014.

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