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The 37th Foundation Day of NABARD is celebrated on which date?
  • a)
    12th July
  • b)
    11th July
  • c)
    10th July
  • d)
    13th July
Correct answer is option 'A'. Can you explain this answer?
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The 37th Foundation Day of NABARD is celebrated on which date?a)12th J...
National Bank for Agriculture and Rural Development (NABARD) has completed 36 years of service to the nation and celebrated the 37th Foundation Day on 12th July. A national seminar on 'Collectivisation and Market linkages: Farmers Producers Organizations' was organized in Mumbai. The Bank has been entrusted with "matters concerning policy, planning and operations in the field of credit for agriculture and other economic activities in rural areas in India".
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The 37th Foundation Day of NABARD is celebrated on which date?a)12th J...
The correct answer is option 'A' (12th July).

NABARD (National Bank for Agriculture and Rural Development) celebrates its Foundation Day on 12th July every year. This day marks the establishment of NABARD in the year 1982. NABARD was established by an Act of Parliament as a development bank with the primary objective of promoting rural agriculture and rural development in India.

NABARD plays a crucial role in the implementation of various government schemes and initiatives aimed at rural development. It provides financial and technical assistance to various institutions and organizations involved in agricultural and rural development activities. NABARD also acts as a regulator for Cooperative Banks and Regional Rural Banks in India.

NABARD's Foundation Day is celebrated to commemorate its contribution to the agricultural and rural development sector in India. It is a day to acknowledge the achievements and progress made by NABARD in the past years and to renew its commitment towards the development of rural India.

On this day, NABARD organizes various events and programs to create awareness about its initiatives and to promote financial inclusion in rural areas. These events may include seminars, workshops, exhibitions, and interactive sessions with stakeholders.

NABARD's Foundation Day is an important occasion for the organization as well as for the agricultural and rural development community in India. It provides an opportunity to reflect on the challenges and successes in the sector and to come up with new strategies and approaches for the future.

In conclusion, NABARD celebrates its Foundation Day on 12th July every year to commemorate its establishment and to renew its commitment towards agricultural and rural development in India.
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The 37th Foundation Day of NABARD is celebrated on which date?a)12th Julyb)11th Julyc)10th Julyd)13th JulyCorrect answer is option 'A'. Can you explain this answer?
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