When was the National Bank of Agriculture and Rural Development established?

a. July, 1982

b. July, 1969

c. June, 1951

d. June, 1961

ANSWER: July, 1982

Explanation:

In the field of rural credit and agricultural development, establishment of NABARD is a major event. The National bank of Agriculture and Rural Development as an apex body with the responsibility for the overall development, policy, planning and financial support for agriculture and rural development was established on 12th July 1982.