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The National Bank for Agriculture and Rural Development Act, 1981

This quiz covers the key provisions and objectives of the National Bank for Agriculture and Rural Development Act, 1981, which was enacted to establish a specialized bank dedicated to promoting rural development and agriculture in India.

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Questions

Question 1 Multiple Choice (Single Answer)

What was the primary objective of the National Bank for Agriculture and Rural Development Act, 1981?

  1. To provide financial assistance to farmers and rural businesses
  2. To promote rural development and agriculture
  3. To regulate the agricultural sector
  4. To provide loans for infrastructure projects
Question 2 Multiple Choice (Single Answer)

Which institution was established under the National Bank for Agriculture and Rural Development Act, 1981?

  1. National Bank for Agriculture and Rural Development (NABARD)
  2. Reserve Bank of India (RBI)
  3. Agricultural Finance Corporation (AFC)
  4. National Cooperative Development Corporation (NCDC)
Question 3 Multiple Choice (Single Answer)

What are the main functions of NABARD?

  1. Providing financial assistance to farmers and rural businesses
  2. Promoting rural development and agriculture
  3. Regulating the agricultural sector
  4. All of the above
Question 4 Multiple Choice (Single Answer)

How does NABARD provide financial assistance to farmers and rural businesses?

  1. Through direct lending
  2. Through refinancing of loans provided by cooperative banks and regional rural banks
  3. Through issuing bonds and debentures
  4. All of the above
Question 5 Multiple Choice (Single Answer)

What is the role of NABARD in promoting rural development and agriculture?

  1. Providing financial assistance to rural infrastructure projects
  2. Promoting rural industries and handicrafts
  3. Developing rural marketing infrastructure
  4. All of the above
Question 6 Multiple Choice (Single Answer)

How does NABARD regulate the agricultural sector?

  1. By setting interest rates on agricultural loans
  2. By regulating the activities of cooperative banks and regional rural banks
  3. By monitoring the flow of credit to the agricultural sector
  4. All of the above
Question 7 Multiple Choice (Single Answer)

What is the significance of NABARD in the Indian economy?

  1. It plays a vital role in providing financial assistance to the agricultural sector
  2. It contributes to the overall economic development of the country
  3. It helps in reducing regional disparities
  4. All of the above
Question 8 Multiple Choice (Single Answer)

When was NABARD established?

  1. 1982
  2. 1983
  3. 1984
  4. 1985
Question 9 Multiple Choice (Single Answer)

Who is the current Chairman of NABARD?

  1. Govinda Rajulu Chintala
  2. Harsh Kumar Bhanwala
  3. G. R. Chintala
  4. None of the above
Question 10 Multiple Choice (Single Answer)

What is the authorized capital of NABARD?

  1. Rs. 5,000 crore
  2. Rs. 10,000 crore
  3. Rs. 15,000 crore
  4. Rs. 20,000 crore
Question 11 Multiple Choice (Single Answer)

What is the paid-up capital of NABARD?

  1. Rs. 2,500 crore
  2. Rs. 3,000 crore
  3. Rs. 3,500 crore
  4. Rs. 4,000 crore
Question 12 Multiple Choice (Single Answer)

What is the total number of regional offices of NABARD?

  1. 28
  2. 30
  3. 32
  4. 34
Question 13 Multiple Choice (Single Answer)

What is the total number of employees working in NABARD?

  1. Around 10,000
  2. Around 12,000
  3. Around 14,000
  4. Around 16,000
Question 14 Multiple Choice (Single Answer)

What is the headquarters of NABARD located in?

  1. Mumbai
  2. Delhi
  3. Kolkata
  4. Chennai
Question 15 Multiple Choice (Single Answer)

What is the official website of NABARD?

  1. www.nabard.org
  2. www.nabard.in
  3. www.nabard.com
  4. www.nabard.net
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