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In which year was the National Agricultural Credit Fund established?
Question

In which year was the National Agricultural Credit Fund established?

A.

1953

B.

1954

C.

1955

D.

1956

Correct option is B

✅ (b) 1954: • The National Agricultural Credit (Long-Term Operations) Fund was established in 1954 by the RBI to provide long-term loans to state cooperative banks. • Later merged into NABARD operations in 1982.

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