Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Rural Development

Question:

What is the full form of NABARD?

Options:

National Bank for Agriculture and Rural Development

National Agricultural Bank and Rural Development

Native Agricultural Bank and Rural Development

National Rural and Banking Development

Correct Answer:

National Bank for Agriculture and Rural Development

Explanation:

National Bank for Agriculture and Rural Development (NABARD) was set up in 1982 as an apex body to coordinate the activities of all institutions involved in the rural financing system.