Government has allowed NABARD to disburse money to cash-starved farmers, helping them sow winter crops. Consider the following statements regarding NABARD:1) NABARD was established on the recommendations of B.Shivaraman Committee.2) NABARD was established to implement the National Bank for Agriculture and Urban Development Act.3) NABARD looks after the development of the cottage industry, small industry and village industry, and other rural industries.Choose the correct statement(s):a)Only 1b)Only 3c)1 and 3d)Only 2Correct answer is option 'C'. Can you explain this answer?

Explore Courses UPSC Exam UPSC Test Series Free Notes EduRev Infinity

Open App

UPSC Exam > UPSC Questions > Government has allowed NABARD to disburse mon...

Join the Discussion on the App

Government has allowed NABARD to disburse money to cash-starved farmers, helping them sow winter crops. Consider the following statements regarding NABARD:

1) NABARD was established on the recommendations of B.Shivaraman Committee.

2) NABARD was established to implement the National Bank for Agriculture and Urban Development Act.

3) NABARD looks after the development of the cottage industry, small industry and village industry, and other rural industries.

Choose the correct statement(s):

a)
Only 1
b)
Only 3
c)
1 and 3
d)
Only 2

Correct answer is option 'C'. Can you explain this answer?

FREE This question is part of

Practice Test: Welfare Schemes- 1

Attempt Test

Attempt this Test

Verified Answer

Government has allowed NABARD to disburse money to cash-starved farmer...

Answer: c

Explanation:

Under the Committee of Shri B.Sivaraman, Government of India reviewed the arrangements for institutional credit for agriculture and rural development. The Committee felt the need for a new organizational device for providing undivided attention, forceful direction and pointed focus to the credit problems arising out of integrated rural development and recommended the formation of National Bank for Agriculture and Rural Development (NABARD). The Parliament, through National Bank for Agriculture and Rural Development Act 1981 approved the setting up of NABARD.

NABARD was set up with an initial capital of 100 crore. To promote sustainable and equitable agriculture and rural prosperity through effective credit support, related services, institution development and other innovative initiatives was the key mission of NABARD

View all questions of this test

View all answers Start learning for free

< Previous Question Next Question >

Explore Courses for UPSC exam

Similar UPSC Doubts

Consider the following statements aboutNational Bank for Agriculture & Rural Development (NABARD).1.NABARD Serves as an apex financing agency for the institutions providing investment and production credit for promoting the various developmental activities in rural areas.2.It was established based on therecommendations of the Committee set up by the Reserve Bank of India (RBI) under the chairmanship ofNarasimham.3.International associates of NABARD includeWorld Bank-affiliated organisations and global developmental agencies working in the field of agriculture and rural development.Which of the above statements is/are correct?

View answer

Consider the following statements regarding National Urban Co-operative Finance and Development Corporation (NUCFDC): The NUCFDC was established based on the recommendation of the Vishwanathan Committee on Primary (Urban) Co-operative Banks, formed by the Reserve Bank of India (RBI). The NUCFDC is registered under the Multi State Co-operative Societies Act. It provides financial assistance through State Channelizing Agencies (SCAs) nominated by the State Governments/UTs.How many of the given above statement(s) is/are correct?

View answer

Consider the following statements regarding the Indian Universities Act of 1904: It was based on the recommendations made by the Raleigh Commission. It increased government control over the Universities and private colleges. University of Calcutta and Madras were established by its recommendation.Which of the statements given above is/are correct?

View answer

Consider the following statements. Agriculture Orientation Index (AOI) is developed as part of the 2030 Agenda for Sustainable Development. Agriculture Orientation Index measures the ratio between government spending towards the agricultural sector and the sector’s contribution to GDP. The Sustainable Development Goals (SDG) emphasises an increase in investment in rural infrastructure, agricultural research and extension services.Which of the above statements is/are correct?

View answer

Consider the following statements:1. Forests Agriculture and Commodity Trade (FACT) Dialogue is a government-to-government dialogue.2. FACT dialogue brings together the largest producers and consumers of internationally traded agricultural commodities to protect forests.3. Tropical Forest Alliance is a part of the World Economic Forum’s Centre for Nature and Climate and Climate Action PlatformWhich of the statements given above is/are correct?

View answer

Top Courses for UPSCView all

Current Affairs & Hindu Analysis: Daily, Weekly & Monthly

Lucent for GK

History for UPSC CSE

Indian Polity for UPSC CSE

CSAT Preparation

Top Courses for UPSC

View all

Government has allowed NABARD to disburse money to cash-starved farmers, helping them sow winter crops. Consider the following statements regarding NABARD:1) NABARD was established on the recommendations of B.Shivaraman Committee.2) NABARD was established to implement the National Bank for Agriculture and Urban Development Act.3) NABARD looks after the development of the cottage industry, small industry and village industry, and other rural industries.Choose the correct statement(s):a)Only 1b)Only 3c)1 and 3d)Only 2Correct answer is option 'C'. Can you explain this answer?

Share with a Friend

Answer this doubt

Question Description
Government has allowed NABARD to disburse money to cash-starved farmers, helping them sow winter crops. Consider the following statements regarding NABARD:1) NABARD was established on the recommendations of B.Shivaraman Committee.2) NABARD was established to implement the National Bank for Agriculture and Urban Development Act.3) NABARD looks after the development of the cottage industry, small industry and village industry, and other rural industries.Choose the correct statement(s):a)Only 1b)Only 3c)1 and 3d)Only 2Correct answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Government has allowed NABARD to disburse money to cash-starved farmers, helping them sow winter crops. Consider the following statements regarding NABARD:1) NABARD was established on the recommendations of B.Shivaraman Committee.2) NABARD was established to implement the National Bank for Agriculture and Urban Development Act.3) NABARD looks after the development of the cottage industry, small industry and village industry, and other rural industries.Choose the correct statement(s):a)Only 1b)Only 3c)1 and 3d)Only 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Government has allowed NABARD to disburse money to cash-starved farmers, helping them sow winter crops. Consider the following statements regarding NABARD:1) NABARD was established on the recommendations of B.Shivaraman Committee.2) NABARD was established to implement the National Bank for Agriculture and Urban Development Act.3) NABARD looks after the development of the cottage industry, small industry and village industry, and other rural industries.Choose the correct statement(s):a)Only 1b)Only 3c)1 and 3d)Only 2Correct answer is option 'C'. Can you explain this answer?.

Solutions for Government has allowed NABARD to disburse money to cash-starved farmers, helping them sow winter crops. Consider the following statements regarding NABARD:1) NABARD was established on the recommendations of B.Shivaraman Committee.2) NABARD was established to implement the National Bank for Agriculture and Urban Development Act.3) NABARD looks after the development of the cottage industry, small industry and village industry, and other rural industries.Choose the correct statement(s):a)Only 1b)Only 3c)1 and 3d)Only 2Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.

Here you can find the meaning of Government has allowed NABARD to disburse money to cash-starved farmers, helping them sow winter crops. Consider the following statements regarding NABARD:1) NABARD was established on the recommendations of B.Shivaraman Committee.2) NABARD was established to implement the National Bank for Agriculture and Urban Development Act.3) NABARD looks after the development of the cottage industry, small industry and village industry, and other rural industries.Choose the correct statement(s):a)Only 1b)Only 3c)1 and 3d)Only 2Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Government has allowed NABARD to disburse money to cash-starved farmers, helping them sow winter crops. Consider the following statements regarding NABARD:1) NABARD was established on the recommendations of B.Shivaraman Committee.2) NABARD was established to implement the National Bank for Agriculture and Urban Development Act.3) NABARD looks after the development of the cottage industry, small industry and village industry, and other rural industries.Choose the correct statement(s):a)Only 1b)Only 3c)1 and 3d)Only 2Correct answer is option 'C'. Can you explain this answer?, a detailed solution for Government has allowed NABARD to disburse money to cash-starved farmers, helping them sow winter crops. Consider the following statements regarding NABARD:1) NABARD was established on the recommendations of B.Shivaraman Committee.2) NABARD was established to implement the National Bank for Agriculture and Urban Development Act.3) NABARD looks after the development of the cottage industry, small industry and village industry, and other rural industries.Choose the correct statement(s):a)Only 1b)Only 3c)1 and 3d)Only 2Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of Government has allowed NABARD to disburse money to cash-starved farmers, helping them sow winter crops. Consider the following statements regarding NABARD:1) NABARD was established on the recommendations of B.Shivaraman Committee.2) NABARD was established to implement the National Bank for Agriculture and Urban Development Act.3) NABARD looks after the development of the cottage industry, small industry and village industry, and other rural industries.Choose the correct statement(s):a)Only 1b)Only 3c)1 and 3d)Only 2Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Government has allowed NABARD to disburse money to cash-starved farmers, helping them sow winter crops. Consider the following statements regarding NABARD:1) NABARD was established on the recommendations of B.Shivaraman Committee.2) NABARD was established to implement the National Bank for Agriculture and Urban Development Act.3) NABARD looks after the development of the cottage industry, small industry and village industry, and other rural industries.Choose the correct statement(s):a)Only 1b)Only 3c)1 and 3d)Only 2Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice UPSC tests.

Explore Courses for UPSC exam