Daily GK - Free Current Affairs (GK Quiz) Guru Gyan ALL ABOUT NABARD BANK - VARIOUS FACTS WHICH YOU SHOULD KNOW
Wednesday, February 25, 2015
Shared By: WWW.DailyGk.IN
National Bank for Agriculture and Rural Development was established on 12th July 1982 with its Head Quarter at Mumbai with an aim of Promotion and Development of Agriculture, Small Scale Industries, cottage and village industries, handicrafts and other rural crafts.
Ø CRAFICARD committee set up by RBI, under the chairmanship of Sh. B.Shivaraman recommended the establishment of NABARD.
Ø CRAFICARD –Committee to review arrangements for Institutional credit for Agricultural and rural Development.
Ø Initial capital of NABARD was Rs. 100 crore. Paid up capital as on 31st March, 2013, stood at 4000 crore with government of India holding 3,980 crore i.e. 99.50 % and RBI 20 crore i.e. 0.50 %.
MAIN ROLES OF NABARD:
Ø It manages and controls all the matters concerning policy, planning and operations in the field of credit for agriculture and other economic activities in rural areas.
Ø It harmonize the rural financing activities of all institutions engaged in developmental work at the field level.
Ø It monitors and evaluates the projects refinanced by it.
Ø It refinances the financial institutions which finances the rural sector.
Ø It ensures training facilities to the institutions working in the field of rural upliftment.
Ø It regulates the co0operative banks at the RRB’s.
NOTE: Before the establishment of NABARD, Reserve Bank of India was responsible for Development of the Agricultural and Rural Sector.
Monthly GK Capsules of Nov. 2016 Here is the new Monthly GK Capsules . This time we are going to share official PDF file of AAA-...
To Access the File CLICK HERE
DAILY CURRENT AFFAIRS: 29 TH NOV 2016 (Daily News India) Shared By: WWW.DailyGk.IN 1. INDIAN TEAM WINS SILVER IN WORLD ROBOT OLYM...
DAILY CURRENT AFFAIRS: 26 TH NOV 2016 (Daily News India) Shared By: WWW.DailyGk.IN 1. MUMBAI RANKED AMONG WORLD’S TOP TRENDING TO...
Last 6-Months Objective current Affairs. Very useful for all candidates who are preparing for Government or Bank Jobs in India. To Acces...
DAILY CURRENT AFFAIRS: 28 TH NOV 2016 (Daily News India) Shared By: WWW.DailyGk.IN 1. INDIA HOST THE GOLDEN JUBILEE CELEBRATIONS ...
DAILY CURRENT AFFAIRS: 25 TH NOV 2016 (Daily News India) Shared By: WWW.DailyGk.IN 1. BANK DEPOSITS WITH RBI HIT RECORD HIGH AFTE...
DAILY CURRENT AFFAIRS: 2 ND DEC 2016 (Daily News India) Shared By: WWW.DailyGk.IN 1. WORLD AIDS DAY OBSERVED ON 1ST DECEMBER i....
DAILY CURRENT AFFAIRS QUIZ –25 NOVEMBER 1. Who will be the Chief Guest at the 14th Pravasi Bharatiya Divas? a) Antonio Costa b) Mich...
6-MONTH CURRENT AFFAIRS ONE LINER SPECIALLY PREPARED BY TEAM OF DAILYGK.IN AND AAA BRIGHT ACADEMY.THIS IS VERY USE FULL FOR IBPS-PO MAIN...
- My name is Pankaj. By Profession working as a software engineer and by choice working as a Professional blogger from last 4 years. I am the Founder & Administrator of many websites. One of My popular websites is: www.Govtjobsportal.in. Me and My Team Devotee most of our time in updating and maintaining our blogs.Check me out on one of the following social Media Platform:On Facebook: PANKAJ RATTAN ;On PINTEREST : PANKAJ RATTANOn Linkedin: PANKAJ RATTANOn Twitter: PANKAJ RATTAN