If you are preparing for the government exam, like Bank and Insurance exams. You must know about the information related to general knowledge questions and their answers. Sometimes the NABARD full form question is asked or the field of these organisations. In the banking and insurance exams, History of Nabard, Work, Establishment Year or Taglines.
NABARD’s Full form is National Bank for Agriculture and Rural Development. According to the latest news and trends, the National Bank for Agriculture and Rural Development (NABARD) is an All-India Development Financial Institution (DFI). This was established by the NABARD Act of 1981.
NABARD GK Quiz
Below, we have added the most expected NABARD GK Quiz-related questions and their related facts. As per the official notice, this is managed by the Central Government of India and managed by the Ministry of Finance. The main function of the NABARD is to provide financial services and benefits to the Rural areas of the India. To help the aspirants, we have provided the top 30 questions related to the NABARD Banks and their functions.
NABARD GK Quiz Questions
-
When was NABARD established?
A) 1980
B) 1982 ← Correct
C) 1985
D) 1990 -
Where is the head office of NABARD located?
A) Delhi
B) Mumbai ← Correct
C) Kolkata
D) Chennai -
Which Act established NABARD?
A) RBI Act
B) Banking Regulation Act
C) NABARD Act 1981 ← Correct
D) Reserve Bank Act -
What is the full form of NABARD?
A) National Bank for Agricultural and Rural Development
B) National Bank for Agriculture and Rural Development ← Correct
C) National Agricultural Bank for Rural Development
D) National Agricultural and Banking Rural Development -
NABARD came into existence by transferring agricultural credit functions from which institution?
A) SBI
B) RBI ← Correct
C) ICICI
D) HDFC -
Who owns NABARD?
A) Reserve Bank of India
B) Government of India ← Correct
C) Private shareholders
D) State governments -
When was NABARD dedicated to the service of the nation?
A) 12 July 1982
B) 5 November 1982 ← Correct
C) 1 January 1981
D) 15 August 1980 -
What is the tagline of NABARD?
A) Gaon Badhe toh Desh Badhe
B) Development Bank of the Nation for Fostering Rural Prosperity ← Correct
C) Banking for All
D) Rural Growth, National Strength -
NABARD was formed after the recommendation of which committee?
A) Narasimham Committee
B) Sivaraman Committee ← Correct
C) Raghuram Committee
D) Malhotra Committee -
NABARD primarily focuses on which sectors?
A) Urban infrastructure
B) Agriculture and rural development ← Correct
C) Industrial development
D) IT sector -
How many regional offices does NABARD have approximately?
A) 10
B) 31 ← Correct
C) 50
D) 100 -
NABARD took over the refinance functions of which institution?
A) ARDC ← Correct
B) NABARD itself
C) SIDBI
D) EXIM Bank -
Who was the first chairman of the committee that recommended NABARD’s creation?
A) B. Sivaraman ← Correct
B) Raghuram Rajan
C) C. Rangarajan
D) Y.V. Reddy -
NABARD is classified as which type of bank?
A) Commercial Bank
B) Cooperative Bank
C) Development Bank ← Correct
D) Central Bank -
NABARD supports which of the following?
A) Microfinance and rural entrepreneurship ← Correct
B) Stock market investments
C) Urban housing projects
D) Corporate mergers -
Which ministry does NABARD work under?
A) Ministry of Agriculture
B) Ministry of Finance ← Correct
C) Ministry of Rural Development
D) Ministry of Commerce -
How many district offices does NABARD have?
A) 100
B) 336 ← Correct
C) 50
D) 200 -
NABARD’s vision is to foster what?
A) Urban industrial growth
B) Rural prosperity ← Correct
C) Corporate growth
D) Foreign investments -
NABARD was established through which parliamentary act number?
A) 61 of 1981 ← Correct
B) 23 of 1982
C) 45 of 1980
D) 12 of 1983 -
NABARD’s initial capital was approximately:
A) Rs. 50 crore
B) Rs. 100 crore ← Correct
C) Rs. 200 crore
D) Rs. 500 crore -
Who dedicated NABARD to the service of the nation?
A) Prime Minister Smt. Indira Gandhi ← Correct
B) Prime Minister Jawaharlal Nehru
C) President of India
D) Finance Minister -
NABARD’s primary role includes:
A) Providing and regulating credit for agriculture ← Correct
B) Setting monetary policy
C) Managing government investments
D) Regulating corporate banks -
NABARD supports rural development through:
A) Financial and non-financial interventions ← Correct
B) Only financial credit
C) Only agricultural subsidies
D) Urban housing loans -
NABARD trains personnel in how many training establishments approximately?
A) 2
B) 4 ← Correct
C) 6
D) 8 -
NABARD has partnerships with which entity for rural credit?
A) RBI ← Correct
B) Private banks only
C) International banks
D) NBFCs only -
NABARD’s paid-up capital as of 2020 stood at:
A) Rs. 1,000 crore
B) Rs. 14,080 crore ← Correct
C) Rs. 20,000 crore
D) Rs. 5,000 crore -
NABARD’s head office is situated in which complex?
A) Bandra Kurla Complex ← Correct
B) Connaught Place
C) Cyber City
D) BKC Road -
Who appoints NABARD’s board of directors?
A) Reserve Bank of India
B) Government of India ← Correct
C) Private shareholders
D) Public election -
NABARD’s functions were carved out from which two financial bodies?
A) RBI and ARDC ← Correct
B) SBI and ARDC
C) SIDBI and RBI
D) EXIM Bank and ARDC -
NABARD’s focus on rural development includes promoting which groups?
A) SHGs & JLGs ← Correct
B) MNCs
C) IT startups
D) Banking corporations