Multiple choice

When one of the following was set up during the Seventh Five-year Plan to help the low income groups?

  1. NABARD

  2. Regional Rural Bank

  3. National Housing Bank

  4. UTI Bank

  5. PNB

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A Correct answer
Explanation

NABARD (National Bank for Agriculture and Rural Development) was established in 1982 during the Seventh Five Year Plan period to provide credit facilities for agriculture and rural development activities.