National Bank for Agriculture and Rural Development (NABARD) was established during which of the following Five Year Plan?

Fourth FYP
Fifth FYP
Sixth FYP
Seventh FYP

LohaHridoy

4 views

2025-01-04 04:42

1 Answers

AhmedNazir

Option 3 : Sixth FYP

NABARD was established on the recommendations of B.Sivaraman Committee, (by Act 61, 1981 of Parliament) on 12 July 1982 to implement the National Bank for Agriculture and Rural Development Act 1981. It replaced the Agricultural Credit Department (ACD) and Rural Planning and Credit Cell (RPCC) of Reserve Bank of India, and Agricultural Refinance and Development Corporation (ARDC). It is one of the premier agencies providing developmental credit in rural areas.

4 views Answered 2022-09-04 04:29

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