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  • ICAR and TNAU E-Course Summarized

    Summarized Notes
  • Headquarters of NABARD is at _________

    Question: Headquarters of NABARD is at _________

    Options:

    Delhi
    Kolkata
    Chennai
    Mumbai

    🔑 Key Points
    NABARD (National Bank for Agriculture and Rural Development)
    → It was established on 12 July 1982 (6* FYP)
    → Headquarters – Mumbai.
    → NABARD is set up as an apex development bank.
    → It also has the mandate to support all other allied economic activities to promote integrated and sustainable rural development and secure the prosperity of rural areas.

    🔑 Important Points
    🟢 Functions of NABARD
    → Credit Functions:
    → Refinance to Banks
    → Co-finance in association with banks
    → Direct Loan to State Government from Rural Infrastructure Development Fund
    → Grant cum credit program
    → Venture Capital Assistance to Dairy and Poultry
    → Regulatory Functions:
    → Regional Rural Banks
    → Cooperative Banks

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