Multiple choice

NABARD was set up in 1982 on the recommendation of

  1. Narsimhan committee

  2. Balwant Rai committee

  3. Hazari committee

  4. Shivraman committee

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

NABARD (National Bank for Agriculture and Rural Development) was established in 1982 based on the recommendations of the Shivraman Committee. This committee was formed to review arrangements for institutional credit for agriculture and rural development. The other committees listed - Narsimhan (A), Balwant Rai (B), and Hazari (C) - dealt with different aspects of banking and finance.