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SSC CHSL 2020 PYQ — Question 44

SSC CHSL - 19th October 2020 - Shift 2 • General Awareness • Q44

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When was the National Bank for Agriculture and Rural Development (NABARD) established?

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Correct answer: A

Explanation

The correct answer is option 1 i.e 1982.

  • National Bank for Agriculture and Rural Development (NABARD) was established on 12 July 1982 by an Act of the Parliament. NABARD, as a Development Bank, is mandated for providing and regulating credit and other facilities for the promotion and development of agriculture, small scale industries, cottage and village industries.
  • MISSION: Promote sustainable and equitable agriculture and rural development through participative financial and non-financial interventions, innovations, technology and institutional development for securing prosperity.