Banking Awareness for Upcoming Exams Set 9 (About NABARD)

This set contains banking awareness questions for various upcoming exams like SBI PO, IBPS PO, Clerk and insurance exams. This set contains questions from the topic : NABARD

  1. What is the full form of NABARD?
    A) National Agriculture Bank for Rural Development
    B) Nationalised Agricultural Bank of Rural Development
    C) National Bank for Agriculture and Rural Development
    D) Nationalised Bank for Agriculture and Rural Development.
    View Answer
    Option C
    : NABARD – National Bank for Agriculture and Rural Development.
  2. In which year was NABARD established?
    A) 1969
    B) 1991
    C) 1982
    D) 1990
    View Answer
    Option C
    : NABARD came into existence on 12 July 1982
  3. What is the paid up capital of NABARD?
    A) Rs 100 crore
    B) Rs 3000 crore
    C) Rs 30,000 crore
    D) Rs 10,000 crore
    View Answer
    Option C
    : Set up with an initial capital of Rs.100 crore, the paid up capital of NABARD stood at Rs. 5,000 crore as on 31 March 2016.
    The paid up capital as on 31 May 2017, stood at Rs.30,000 crore with Government of India holding Rs.30,000 crore (100% share).
  4. The Reserve Bank of India holds __ per cent of shares in NABARD
    A) 1 %
    B) 0.40 %
    C) 99 %
    D) 99.60 %
    View Answer
    Option B
    : The Government of India today holds Rs. 4,980 crore (99.60%) while Reserve Bank of India holds Rs. 20.00 crore (0.40%).
  5. What is the fullform of ARDC?
    A) Agriculture Reform and Development Council
    B) Agricultural Refinance and Development Corporation
    C) Agricultural Reformation and Developmental Council
    D) Agri Refinance and Developmental Council
    View Answer
    Option B
    : It must be notes that : 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)
  6. NABARD was established on the recommendation of which committee?
    A) A Ghosh Committee
    B) BD Shah Committee
    C) B.Sivaraman Committee
    D) C Rao Committee
    View Answer
    Option C
    : NABARD was established on the recommendations of B.Sivaraman Committee
  7. Where is the headquarter of NABARD located?
    A) New Delhi
    B) Mumbai
    C) Lucknow
    D) Bangalore
    View Answer
    Option B
  8. In which year Rural Infrastructure Development Fund(RIDF) was created in NABRARD ?
    A) 1991-92
    B) 1992-93
    C) 1995-96
    D) 1996-97
    View Answer
    Option C
  9. NABARD was approved by the Parliament through ______ of 1981.
    A) Act 57
    B) Act 24
    C) Act 65
    D) Act 61
    View Answer
    Option D
  10. Which of the following is not a role of NABARD?
    A) Providing refinance to lending institutions in rural areas
    B) Bringing about or promoting institutional development
    C) Evaluating, monitoring and inspecting the client banks
    D) All are its role
    View Answer
    Option D

Related posts

35 Thoughts to “Banking Awareness for Upcoming Exams Set 9 (About NABARD)”

  1. sachin shukla@Target SBI Mains


    1. Sparkle

      4th is wrong na?

      1. Sachin Shukla


        The online examination which was supposed to be conducted by Dena Bank through IBPS on 11.06.2017 for admission for the course of Diploma in Banking and Finance through Amity University is postponed due to certain administrative exigencies.

        The fresh date of examination will be intimated later on.

        Inconvenience caused is regretted.

        Recruitment Cell

        1. Sparkle

          mene fill nhi kiya tha Dena bank..:))

          1. Sachin Shukla

            chalo achha h tmhara tb…

          2. Sparkle

            hmm…..NICL kb h?

          3. Sachin Shukla

            nahii bhara:

      2. Sachin Shukla

        its correct according to new guideline by RBI

  2. Sparkle

    plz check ans no 4

        1. Suraj

          acha,, that is old notification.. see the date there: Date : Oct 14, 2010
          now it is 0.4% with RBI; that too will be transferred to Government of India; but till date it is still with rbi

          1. Sparkle

            Ok Sir thankyou..
            yeh update nhi karte kya… ???
            mujhko bola sbne ki wrong ans.h isliye mene confirm kiya

          2. Suraj

            ye us notification ko nhi update krte,, but new notification post kr dete hai,, old wali rehti hai new bhi rehti hai..

          3. Sparkle

            Ok Sir thankyou…:)
            and thanks ki aapne itna quickly response kiya.. THANKS A LOT :))

    1. Sachin Shukla

      Its correct check it…Amendments in Act to increase authorized capital of NABARD from Rs. 5,000 crore to Rs. 30,000 crore and further increase it beyond Rs. 30,000 crore in consultation with RBI, as deemed necessary from time to time. It also includes certain other amendments including changes in long title and certain sections to bring Handlooms and Medium Enterprises in NABARD’s mandate. Transfer of 0.4% equity of RBI in NABARD amounting to Rs. 20 crores to the Union Government.

  3. ǟʍɮɨӄǟ?

    thankyou sir 🙂

  4. Ravi Upadhyay


  5. Sangita

    What is the authorised capital or paid up capital of NABARD? 5000 cr or 30000 cr??

    1. That time its was 5000 cr.
      In May, it was increased by the government. Now 30,000 cr

      1. Sangita

        Thank u mam.. so mam in question no. 4 the share of RBI has been given 20 crore or 0.40%.. It will also be changed to 0% since since GOI holds 100% stake.. Isn’t it??

        1. I will confirm this and tell

          1. ron(honey)..

            yes mam isme confusion hai merko is it 99.6 or 100%

      2. ravi

        mam q 4 ka answer change kar do—
        100% share GOI (new)

  6. Hey There. I found your blog using msn. This is an extremely well written article. I?ll make sure to bookmark it and return to read more of your useful information. Thanks for the post. I?ll definitely comeback.

  7. Very great post. I just stumbled upon your blog and wished to say that I’ve truly enjoyed browsing your weblog posts. After all I?ll be subscribing for your feed and I’m hoping you write again very soon!

  8. Thanks a lot for the blog article.

  9. ivermectin dose for human lice stromectol stock

Leave a Comment