Table of Contents
Which of the following is a function of NABARD Mcq?
NABARD facilitates credit for agriculture as well as to promote rural development and infrastructure.
What are the functions of Agricultural Bank?
Specifically, the functions of the Bank include the provision of loans to individual farmers, cooperative societies, limited liability companies, State and Federal Government agencies; financing direct investment in the equity capital of major agricultural and agro-allied industrial ventures; providing guarantees for …
Which of the following functions of NABARD is correct?
The following are the important functions of NABARD: Promotion and development of rural areas. Financing and refinancing of agriculture. Monitoring coordination with various institutions and agencies and credit planning.
What is the role of NABARD in RRB?
NABARD refinances the financial institutions which finances the rural sector. It provides training facilities to the institutions working in the field of rural upliftment. It regulates and supervise the cooperative banks and the RRB’s, throughout entire India.
Which among the following functions of NABARD is incorrect?
National Bank for Agriculture and Rural Development (NABARD) is anapex …………………………….. fully owned by Government of India….
| Q. | Which among the following functions of NABARD is incorrect: |
|---|---|
| A. | Providing finance and also refinance for production and marketing in the rural areas |
Who is the head of NABARD?
Dr. G.R. Chintala
Dr. G.R. Chintala is the Chairman of National Bank for Agriculture and Rural Development (NABARD) with effect from 27 May 2020.
Which one is not a function of NABARD?
Therefore, to promote research in various aspects of the problems of urban development is not the function of NABARD.
What is NABARD doing for You?
NABARD has partnered with various leading global organisations and institutions affiliated with the World Bank that have played a role in transforming agriculture. It offers advisory services and financial assistance provided by these international partners to help in consultation with rural development and other agricultural practices.
When was NABARD established?
What Are Its Functions? NABARD was established on the endorsement of the B. Sivaramman committee on 12 July 1982 to implement the National Bank for Agriculture and Rural Development Act 1981.
What is the role of nabarad?
It also supports Vikas volunteer Vahini programs which offer credit and development activities to poor farmers. It also inspects and supervises the cooperative banks and RRBs to periodically ensure the development of the rural financing and farmers’ welfare. NABARAD also recommends about licensing for RRBs and Cooperative banks to RBI.
What is the role of NABARD under RBI?
NABARAD also recommends about licensing for RRBs and Cooperative banks to RBI. NABARD also provides assistance and support for the training and development of the staff of various other credit institutions, that are engaged in credit distributions.