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Worksheets

Agricultural Financing in India

Total questions: 20

Worksheet time: 10mins

Name
Class
Date
1.

Which bank was renamed as State Bank of India

a)

Imperial Bank of India

b)

Bank of Baroda

c)

Bank of Mysore

d)

Oriental Bank of Commerce

2.

Bank of India is the largest public sector bank in India

a)

True

b)

False

3.

Which is the biggest structural reforms introduced in the financial sector

a)

Nationalisation of Banks

b)

Introduction of Banking Committee

c)

Establishment of Non-Financial Institution

d)

Village Adoption Scheme

4.

How many Banks were nationalized initially?

a)

14

b)

15

c)

16

d)

20

5.

The small economical poor people voluntarily coming together for the benefit of rural poor and women empowerment

a)

SHG

b)

MSME

c)

SSI

d)

SISI

6.

The full form of NABARD is:

a)

National Agricultural Bank for Rural Development

b)

National Bank for Agriculture and Rural Development

c)

National Board for Agricultural Development

d)

National Board for Agriculture and Rural Development

7.

Which of the above is the logo of NABARD?

a)

Bottom-left

b)

Bottom-right

c)

Top-left

d)

None of the given images

8.

The headquarters of NABARD are located in:

a)

Bengaluru

b)

New Delhi

c)

Kolkata

d)

Mumbai

9.

NABARD comes under the jurisdiction of:

a)

Ministry of Finance

b)

Ministry of Agriculture and Farmers Welfare

c)

Ministry of Rural Development

d)

None of the above

10.

NABARD was established on:

a)

7 Jaunary 1979

b)

8 January 1984

c)

12 July 1982

d)

None of the above

11.

Who dedicated NABARD to the service of the nation and when?

a)

Prime minister Charan Singh on 2 March 1983

b)

President Neelam Sanjeeva Reddy on 2 March 1983

c)

President Giani Zail Singh on 5 November 1982

d)

Prime Minister Indira Gandhi on 5 November 1982

12.

NABARD was preceded by:

a)

Agricultural and Rural Development Board(ARDB)

b)

Agricultural Refinance and Development Corporation(ARDC)

c)

Board for Agricultural Development for Rural Welfare(BADRW)

d)

Association for Agricultural Development for Rural Welfare(AADRW)

13.

NABARD was provided with an initial capital of ______.

a)

Rs. 50 crore

b)

Rs. 100 crore

c)

Rs.20 crore 50 lakh

d)

Rs.50 crore 40 lakh

14.

The National Bank for Agriculture and Rural Development (Amendment) Act, 2017 increased the authorized capital of NABARD from ___ to ___.

a)

Rs. 300 crore to Rs 10,000 crore

b)

Rs. 5,000 crore to Rs. 30,000 crore

c)

Rs. 10,000 crore to Rs. 30,000 crore

d)

Rs. 600 crore to Rs. 10,000 crore

15.

As on 31 March 2020,NABARD's paid up capital stood at:

a)

Rs. 14,080 crore

b)

Rs. 30,000 crore

c)

Rs. 30,576 crore

d)

Rs. 24,789 crore

16.

Which of the following is not the function of NABARD?

a)

Providing finance and refinance for production and marketing in rural areas

b)

Providing finance in small towns

c)

Coordination and advising the operations of institutions engaged in rural credit

d)

Promoting research in agriculture and rural development

17.

_____________ were the only source of credit to Indian farmers till 1935.

a)

Private Banks

b)

Moneylenders

c)

Public Sector Banks

d)

Friends and Relatives

18.

Till 14 Banks were nationalized in 1969, _______ were the only institutional source of credit to Indian agiculture.

a)

Private Banks

b)

Moneylenders

c)

Co-operative Banks

d)

Commercial Banks

19.

Which of the following is not an institutional source of credit?

a)

NABARD

b)

MFIs

c)

Moneylenders

d)

RRBs

20.

Which of the following is NOT a Problem/ Limitation of  institutional agricultural finance in India?

a)

Increasing bad debts

b)

Need for Collateral

c)

Low interest rates

d)

Complicated procedures and formalities