During which plan was the National Bank for Agriculture and Rural Development (NABARD) established to facilitate the rural credit and agriculture development?
Options:
A . Fifth Five Year Plan
B . Sixth Five Year Plan
C . Third Five Year Plan
D . Eighth Five Year Plan
Answer: Option B Answer: (b) National Bank for Agriculture and Rural Development (NABARD) is an apex development bank in India having headquarters in Mumbai. It was established on 12 July 1982 in the sixth five-year plan by a special act by the Parliament and its main focus was to uplift rural India by increasing the credit flow for elevation of agriculture and rural non-farm sector.
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