Current Affairs

GK MCQs Section
Q. Which of the following was predecessar of NABARD?
Answer: Agricultural Refinance and Development Corporation
Notes: The National Bank for Agriculture and Rural Development (NABARD) was established on July 12, 1982 by a special Act of parliament. NABARD came into existence on 12 July 1982 by transferring the agricultural credit functions of RBI and refinance functions of the then Agricultural Refinance and Development Corporation (ARDC).
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