1) An Agri-Credit Monitoring portal has been launched by
a. NABARD
b. RBI
c. SBI
d. ICICI
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Answer
Explanation
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ANSWER: NABARD
Explanation:
- NABARD launched the Agri-Credit Monitoring portal, which will help financial institutions to monitor the status of agricultural loans given to farmers.
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2) Which of the following statements is/are correct about NABARD?
1. It promotes the various developmental activities in rural areas.
2. It has launched the Climate Change Adaptation Project to help farmers.
a. Only 1
b. Only 2
c. Both
d. None
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Answer
Explanation
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ANSWER: Both
Explanation:
- NABARD is an apex financing agency for the institutions that provides investment and promote the various developmental activities in rural areas.
- It has replaced the Agricultural Credit Department (ACD) and Rural Planning and Credit Cell (RPCC)
- It provides Core banking solution to co-operative banks
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3) Which of the following is apex bank for rural credit?
a. RBI
b. RRB
c. NABARD
d. NAFED
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Answer
Explanation
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ANSWER: NABARD
Explanation:
NABARD serves as an apex financing agency for the institutions providing investment and production credit for promoting the various developmental activities in rural areas
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4) Consider the following statements related to NABARD
1. It is an apex financing agency for the institutions that provides investment and promote the various developmental activities in rural areas.
2. It replaced the Agricultural Credit Department (ACD) and Rural Planning and Credit Cell (RPCC).
3. It provides Core banking solution to co-operative banks.
4. It has launched the Climate Change Adaptation Project to help farmers.
Which of the above statements are correct?
a. 1,2,3
b. 2,3,4
c. 1,3,4
d. All
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Answer
Explanation
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ANSWER: All
Explanation:
No explanation is available for this question!
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