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NABARD stands for...

NABARD stands for

A

National Association For Building Asset Reconstruction Department

B

National Bank for Agriculture and Rural Development

C

National Agency of Banking Regulatory Directives

D

National Asset Building and Reconstruction Department

Text Solution

Verified by Experts

The correct Answer is:
b
National Bank for agriculture and Rural Development (NABARD) is an apex development bank. In India having headquarters based in Mumbai (Maharashtra ) and other branches are all over the country. It was established on 12 July 1982 by a special act by the parliament and its main focus was to uplift rural India by increasing the credit flow for elevation of agriculture the credit flow for elevation of agriculture & rural non farm sector.
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