Multiple choice

Which of the following undertakings were merged to form 'National Bank of Agriculture and Rural Development'?1. Agriculture Credit Department of RBI

  1. Agriculture Refinance and Development Corporation
  2. Rural Planning and Credit Centre

  1. 1 and 2

  2. 1 and 3

  3. 2 and 3

  4. 1, 2 and 3
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

NABARD was established on the recommendations of the B. Sivaraman Committee by merging the Agriculture Credit Department of RBI, the Agriculture Refinance and Development Corporation (ARDC), and the Rural Planning and Credit Cell of RBI. All three listed entities were involved.

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