Multiple choice

NABARD was established in

  1. 1982

  2. 1992

  3. 1947

  4. 1985
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A Correct answer
Explanation

NABARD (National Bank for Agriculture and Rural Development) was established on July 12, 1982, following the NABARD Act of 1981. It was created to provide refinance facilities to banks and institutions engaged in rural financing and to oversee the cooperative banking structure. 1992 is too recent, 1947 is India's independence year, and 1985 has no particular significance for NABARD.

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