Which of the following is/are true about the establishment of NABARD ? (i) NABARD was established on…
NABARD was established on 12 July 1982 on the recommendation of the B. Sivaraman Committee (CRAFICARD) (i), taking over the agricultural credit functions of the RBI and the…
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Which of the following is/are true about the establishment of NABARD ?
(i) NABARD was established on the recommendation of the Sivaraman Committee.
(ii) The agricultural credit functions of RBI and refinance functions of the Agricultural Refinance and Development Corporation transferred to NABARD.
Answer and explanation
Correct answer C
NABARD was established on 12 July 1982 on the recommendation of the B. Sivaraman Committee (CRAFICARD) (i), taking over the agricultural credit functions of the RBI and the refinance functions of ARDC (ii).
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RPSC Assistant Professor (College Education)