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Under which parliamentary enactment was the apex rural bank NABARD constituted?

AAct 25 of 1975
BAct 42 of 1980
CAct 61 of 1981
DAct 50 of 1985
Answer & Solution
Correct answer: C. Act 61 of 1981
NABARD was established under the National Bank for Agriculture and Rural Development Act 61 of 1981.
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