NABARD stands for:
ANationalized Banking Authority
BRandom
CNew Agriculture Bank
DNational Bank for Agriculture & Rural Development
Answer & Solution
Correct answer: D. National Bank for Agriculture & Rural Development
NABARD: National Bank for Agriculture and Rural Development. Established 12 July 1982 by NABARD Act. Apex regulator for rural finance. Refinances RRBs, cooperative banks. Promotes SHG-Bank linkage, watershed development, rural infrastructure (RIDF). HQ: Mumbai.
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