Question
Download Solution PDFIn which year was NABARD established?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFNABARD(National Bank for Agriculture and Rural Development) was established in 1982.
- It is an Apex Financial Institution for Growth in India.
- It was formed to enforce the National Bank for Agriculture and Rural Development Act 1981 on 12 July 1982 on the recommendations of the B.Sivaramman Committee, (by Parliament Act 61, 1981).
- It is the India's Agriculture and Rural Development Specialized Bank.
- The headquarters is situated in Mumbai.
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