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When did the National Bank of Agricultur...

When did the National Bank of Agriculture and Rural Development establish ?

A

(a) 1991

B

(b) 1987

C

(c) 1975

D

(d) 1982

Text Solution

Verified by Experts

The correct Answer is:
D

The National Bank for Agriculture and Rural Development (NABARD) was established in 1982. NABARD is a Development Bank with a mandate for providing and regulating credit and other facilities for the promotion and development of agriculture, small-scale industries, cottage and village industries, handicrafts and other rural crafts and other allied economic activities in rural areas with a view to promoting integrated rural development and securing prosperity of rural areas.
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