What is the full form of NABARD?

Correct option is B

Correct Answer: National Bank for Agriculture and Rural Development

Explanation:
NABARD was established in 1982 under the NABARD Act. It plays a crucial role in financing agriculture and rural development in India. The organization provides credit, supports rural infrastructure, and promotes sustainable agricultural practices.

Key Facts (Exam-Oriented):
● Established on 12 July 1982.
● Headquarters: Mumbai, Maharashtra.
● Functions as a development bank for rural areas.
● Focuses on credit provision and rural development.
● Supports agricultural research and innovation.