What is the full form of NABARD?
Answer & explanation
Correct answer: option 2
The correct answer is Option (2) → National Bank for Agriculture and Rural Development
The full form of NABARD is National Bank for Agriculture and Rural Development.
NABARD, or the National Bank for Agriculture and Rural Development, is an apex development financial institution in India. It was established on July 12, 1982, with the aim of fostering rural development and promoting agriculture. NABARD operates under the overall guidance and supervision of the Reserve Bank of India (RBI) and the Union Ministry of Finance.