nabard n sidbi

What does NABARD stand for?

• National Association for Banking and Rural Development

• National Bureau for Agriculture and Rural Development

• National Bank for Agriculture and Rural Development

• National Board for Agriculture and Rural Development

Which state is the headquarters of NABARD located in?

• Tamil Nadu

• Maharashtra

• Gujarat

• Karnataka

What is the full form of SIDBI?

• Small Industries Development Bank of India

• Small Industries Development Bureau of India

• State Industrial Development Bank of India

• Service Industries Development Bank of India

What is the main objective of NABARD?

• To promote urban development

• To support industrial growth

• To enhance international trade

• To promote sustainable and equitable agriculture and rural development

When was NABARD established?

• 1 April 1990

• 30 May 1975

• 12 July 1982

• 15 August 1947

What kind of financial assistance does SIDBI provide to MSMEs?

• Legal consultation

• Direct finance, refinance, term loans, working capital loans, equipment finance, bill discounting

• Insurance services

• Real estate investments

What are the key functions of NABARD?

• Providing credit for urban development

• Providing credit for agriculture and rural development, refinancing institutions engaged in rural financing, promoting sustainable agriculture and rural development, monitoring and evaluating projects related to rural development

• Promoting sustainable urban development

• Refinancing institutions engaged in urban financing

How does SIDBI support the growth of small-scale industries?

• Training programs, technology transfer, and market research

• Tax incentives, export subsidies, and infrastructure development

• Financial assistance, refinancing facilities, and promotional activities

• Government grants, venture capital funding, and import restrictions

What are the different schemes offered by NABARD for agricultural development?

• National Rural Employment Guarantee Scheme (NREGS)

• Dairy Entrepreneurship Development Scheme (DEDS), National Livestock Mission (NLM), Pradhan Mantri Fasal Bima Yojana (PMFBY), Interest Subvention Scheme (ISS)

• Swachh Bharat Abhiyan

• Atal Pension Yojana

Explain the role of NABARD in rural credit development.

• NABARD provides refinancing to financial institutions and promotes rural development through credit schemes.

• NABARD focuses on urban development projects.

• NABARD is a commercial bank providing personal loans to rural individuals.

• NABARD is primarily involved in international trade financing.