NABARD was set up in the year:

Correct option is A

· NABARD (National Bank for Agriculture and Rural Development) was established on 12th July 1982.
· It was created based on the recommendations of the Sivaraman Committee.
· Took over the roles of:
· Agricultural Credit Department of RBI
· Agricultural Refinance and Development Corporation (ARDC)
· NABARD’s role:
· Apex bank for rural development
· Provides refinance to cooperative banks, RRBs, etc.
· Promotes financial inclusion in rural areas