Banking & Financial Awareness
National Bank for Agriculture and Rural Development
Government owned All India Development Financial Institution and Regulatory Body
Overview
The National Bank for Agriculture and Rural Development (NABARD) is an All India Development Financial Institution (DFI) and an apex Supervisory Body for overall supervision of Regional Rural Banks, State Cooperative Banks and District Central Cooperative Banks in India. It was established under the NABARD Act 1981 passed by the Parliament of India. It is fully owned by Government of India and functions under the Department of Financial Services (DFS) under the Ministry of Finance.
Source: Wikipedia — National Bank for Agriculture and Rural Development (CC BY-SA)
Key concepts
How National Bank for Agriculture and Rural Development connects to the ideas, people and events around it.
The Regional Rural Banks (RRBs) are government owned scheduled commercial banks of India that operate at the regional level in different states of India.
India, officially the Republic of India, is a country in South Asia. It is the world's seventh-largest country by area and its most populous.
The Parliament of India is the supreme legislative body of the Republic of India. It is a bicameral legislature composed of the Rajya Sabha and the Lok Sabha.
The Government of India is the national authority of the Republic of India, established in accordance with the Constitution of India.
The Ministry of Finance is a ministry of the Government of India concerned with the economy of India, serving as the Treasury of India.
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Questions about National Bank for Agriculture and Rural Development
What is National Bank for Agriculture and Rural Development?
The National Bank for Agriculture and Rural Development (NABARD) is an All India Development Financial Institution (DFI) and an apex Supervisory Body for overall supervision of Regional Rural Banks, State Cooperative Banks and District Central Cooperative Banks in India. It was established under the NABARD Act 1981 passed by the Parliament of India.
What are the key concepts related to National Bank for Agriculture and Rural Development?
The main concepts connected to National Bank for Agriculture and Rural Development include Regional Rural Bank, India, Parliament of India, Government of India, Ministry of Finance (India). Each is linked on the map above with its own summary.
Which exams cover National Bank for Agriculture and Rural Development?
National Bank for Agriculture and Rural Development is part of Banking & Financial Awareness, which appears in the syllabus of IBPS PO, IBPS Clerk, IBPS RRB, IBPS SO, SBI PO, SBI Clerk and 4 more exams.