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NABARD stands for
- a)National Bank for Agriculture and Rural Development
- b)National Bank for Agriculture and Real Development
- c)Native Bank for Agriculture and Real Development
- d)Native Bank for Agriculture and Rural Development
Correct answer is option 'A'. Can you explain this answer?
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NABARD stands fora)National Bank for Agriculture and Rural Development...
NABARD stands for National Bank for Agriculture and Rural Development.
Explanation:
NABARD is a financial institution that aims to promote sustainable and equitable agriculture and rural development in India. Here is a detailed explanation of NABARD and its functions:
1. National Bank for Agriculture and Rural Development:
- NABARD stands for National Bank for Agriculture and Rural Development.
- It was established on July 12, 1982, under the NABARD Act, 1981.
- The headquarters of NABARD is located in Mumbai, Maharashtra, India.
2. Functions of NABARD:
- Providing credit and financial assistance to agricultural and rural development activities.
- Promoting and developing rural infrastructure, including irrigation, roads, warehouses, and markets.
- Supporting research and development in agriculture and rural development.
- Providing training and education to farmers, self-help groups, and rural entrepreneurs.
- Implementing government schemes and programs related to agriculture and rural development.
- Acting as a regulator for cooperative banks and regional rural banks.
3. Role of NABARD:
- NABARD acts as a financial intermediary between the government, financial institutions, and rural development agencies.
- It provides refinance facilities to commercial banks, cooperative banks, and regional rural banks for lending to agriculture and rural sectors.
- NABARD also provides direct lending to agriculture and rural sectors through its Rural Infrastructure Development Fund (RIDF) and other specialized funds.
- It plays a crucial role in channelizing credit and resources to promote rural entrepreneurship and agricultural activities.
- NABARD also focuses on promoting sustainable agricultural practices, rural livelihoods, and inclusive growth.
In conclusion, NABARD stands for National Bank for Agriculture and Rural Development. It plays a vital role in promoting agriculture, rural development, and financial inclusion in India.
Explanation:
NABARD is a financial institution that aims to promote sustainable and equitable agriculture and rural development in India. Here is a detailed explanation of NABARD and its functions:
1. National Bank for Agriculture and Rural Development:
- NABARD stands for National Bank for Agriculture and Rural Development.
- It was established on July 12, 1982, under the NABARD Act, 1981.
- The headquarters of NABARD is located in Mumbai, Maharashtra, India.
2. Functions of NABARD:
- Providing credit and financial assistance to agricultural and rural development activities.
- Promoting and developing rural infrastructure, including irrigation, roads, warehouses, and markets.
- Supporting research and development in agriculture and rural development.
- Providing training and education to farmers, self-help groups, and rural entrepreneurs.
- Implementing government schemes and programs related to agriculture and rural development.
- Acting as a regulator for cooperative banks and regional rural banks.
3. Role of NABARD:
- NABARD acts as a financial intermediary between the government, financial institutions, and rural development agencies.
- It provides refinance facilities to commercial banks, cooperative banks, and regional rural banks for lending to agriculture and rural sectors.
- NABARD also provides direct lending to agriculture and rural sectors through its Rural Infrastructure Development Fund (RIDF) and other specialized funds.
- It plays a crucial role in channelizing credit and resources to promote rural entrepreneurship and agricultural activities.
- NABARD also focuses on promoting sustainable agricultural practices, rural livelihoods, and inclusive growth.
In conclusion, NABARD stands for National Bank for Agriculture and Rural Development. It plays a vital role in promoting agriculture, rural development, and financial inclusion in India.
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NABARD stands fora)National Bank for Agriculture and Rural Developmentb)National Bank for Agriculture and Real Developmentc)Native Bank for Agriculture and Real Developmentd)Native Bank for Agriculture and Rural DevelopmentCorrect answer is option 'A'. Can you explain this answer?
Question Description
NABARD stands fora)National Bank for Agriculture and Rural Developmentb)National Bank for Agriculture and Real Developmentc)Native Bank for Agriculture and Real Developmentd)Native Bank for Agriculture and Rural DevelopmentCorrect answer is option 'A'. Can you explain this answer? for Teaching 2024 is part of Teaching preparation. The Question and answers have been prepared according to the Teaching exam syllabus. Information about NABARD stands fora)National Bank for Agriculture and Rural Developmentb)National Bank for Agriculture and Real Developmentc)Native Bank for Agriculture and Real Developmentd)Native Bank for Agriculture and Rural DevelopmentCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Teaching 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for NABARD stands fora)National Bank for Agriculture and Rural Developmentb)National Bank for Agriculture and Real Developmentc)Native Bank for Agriculture and Real Developmentd)Native Bank for Agriculture and Rural DevelopmentCorrect answer is option 'A'. Can you explain this answer?.
NABARD stands fora)National Bank for Agriculture and Rural Developmentb)National Bank for Agriculture and Real Developmentc)Native Bank for Agriculture and Real Developmentd)Native Bank for Agriculture and Rural DevelopmentCorrect answer is option 'A'. Can you explain this answer? for Teaching 2024 is part of Teaching preparation. The Question and answers have been prepared according to the Teaching exam syllabus. Information about NABARD stands fora)National Bank for Agriculture and Rural Developmentb)National Bank for Agriculture and Real Developmentc)Native Bank for Agriculture and Real Developmentd)Native Bank for Agriculture and Rural DevelopmentCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Teaching 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for NABARD stands fora)National Bank for Agriculture and Rural Developmentb)National Bank for Agriculture and Real Developmentc)Native Bank for Agriculture and Real Developmentd)Native Bank for Agriculture and Rural DevelopmentCorrect answer is option 'A'. Can you explain this answer?.
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