NABARD Exam Questions & Main Point Notes- IBPS RRB PDF

NABARD important points & exam questions which were asked in the previous examination. Download PDF of IBPS RRB NABARD questions & important points.

Welcome to SMC Online Education Group, We are publishing notes & questions on NABARD which is important for bank & insurance exams i.e. IBPS RRB (Officer scale I, II, III & Office Assistant), IBPS PO, IBPS Clerk, LIC (AAO & Assistant), Oriental insurance etc.

You can also download NABARD notes in PDF and image format.  NABARD banking GK Notes PDF & Image file are attached below.

NABARD           

  1. National Bank of Agriculture and Rural Development
  2. Established – 12 July 1982, Under act of Parliament 1981
  3. Headquarter – Mumbai
  4. Chairperson – Harsh Kumar Bhanwala
  5. It was established under Shri B. Sivaraman committee – The Committee to Review Arrangements for Institutional Credit for Agriculture and Rural Development (CRAFICARD), set up by the Reserve Bank of India (RBI)
  6. Its apex development bank for promotion and development of agriculture, small-scale industries, cottage and village industries, handicrafts and other rural crafts and other allied economic activities in rural areas
  7. The initial capital of NABARD was Rs. 100 crore
  8. NABARD is a “ MICROFINANCE REGULATORY AUTHORITY”

NABARD Functions –

  1. It is financing agency for the rural institutions to provide investment & production credit
  2. NABARD helps& regulates the institutions which help the rural economy
  3. NABARD refinances the financial institutions which finance the rural sector
  4. Takes measures towards institution building for improving absorptive capacity of the credit delivery system, including monitoring, formulation of rehabilitation schemes, restructuring of credit institutions, training of personnel, etc.
  5. Co-ordinates the rural financing activities of all institutions engaged in developmental work at the field level and maintains liaison with Government of India, State Governments, Reserve Bank of India (RBI) and other national level institutions concerned with policy formulation
  6. Undertakes monitoring and evaluation of projects refinanced by it

Budget 2015-16

* Indian Government was allocated RS 25,000 crore for 2015-16 financial years.

*Also allocated Rs 15,000 crore for long-term rural credit fund

* And Rs 45,000 crore for short term cooperative rural credit refinance fund and Rs 15,000 crore for short term RRB (regional rural banks) refinance fund

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