MCQ
NABARD and rural credit MCQ - Practice Questions with Answers
Solve 1 NABARD and rural credit questions for RAS/RPSC preparation.
Practice questions
Q1Which of the following banks was set up in 1982 by the Government of India to address issues related to banking institutions in rural areas?
Explanation
NABARD was established in 1982 as India's apex development bank for agriculture and rural development. Its role includes refinancing, policy support and institution-building for rural credit, so it fits the question's reference to banking needs in rural areas. The Reserve Bank of India was set up in 1935 and is the central bank. Central Bank of India is an older commercial bank, not a 1982 rural development institution. SIDBI was established later, in 1990, and focuses on small industries rather than rural banking as such.
You've seen 1 of 1 sample questions
Unlimited practice on NABARD and rural credit comes with the RAS Test Series + Practice pack or Gate Pass.
More topics in Indian Economy
Monetary & Fiscal PolicyEconomic Growth & Sustainable DevelopmentIndustrial Growth & Economic ReformsService Sector, Energy & TransportAgricultural DevelopmentSkill Development & Social JusticeMeasurement of Development & HDIFiscal Federalism & Finance CommissionStatistical System of IndiaPower SectorBilateral TradeCentralised Payment SystemPublic FinanceAtal Pension YojanaDigital GovernancePayment SystemsSocial Security SchemesFinancial MarketsIndustrial PolicyGST AdministrationGDP and Growth ForecastsSEBI and Capital MarketsCustoms TariffInsurance & Maritime TradeVenture CapitalRural EmploymentForeign Trade and Balance of PaymentsInternational OrganizationsTrade AgreementsInflation and GrowthStartup India FundingExternal SectorInflation StatisticsEnergy SecurityCredit GuaranteeFood SecurityAgricultural ProcurementMacroeconomic IndicatorsStartup EcosystemTransport InfrastructurePower and Energy DemandRoDTEP SchemeCivil Aviation MinistryInfrastructureProduction Linked IncentiveAviation SectorMiningAgriculture MarketsRoDTEP Export SchemeAgricultural PricingAgricultural MarketingEnergy InfrastructureNational AccountsDirect TaxesEnergyHighway TollingMining Sector ReformElectronic Toll CollectionFertiliser SecurityLabour Force ParticipationEconomyFree Trade AgreementsFree Trade AgreementNITI Aayog Trade Watch QuarterlyDigital PaymentsGDP EstimatesTextile ExportsGender StatisticsMerchandise Trade CompositionEconomic Concepts and Indian EconomyEnergy DemandGeneral Knowledgeupsc-p1-economy-inflationupsc-p1-economy-external-sector-bopPoverty, unemployment, inflation and inclusive growthupsc-p1-economy-money-rbi-monetary-policyPublic finance: budget, taxation, GST and fiscal policyPublic finance: budget, taxation and GSTPoverty, unemployment and inflationMoney, banking and the financial system (RBI)Money, banking and the financial system (RBI, monetary policy)upsc-p1-economy-basics-national-incomeupsc-p1-economy-banking-systemupsc-p1-economy-planning-niti-aayogupsc-p1-economy-intl-economic-institutionsupsc-p1-economy-international-trade-wtoupsc-p1-economy-agriculture-economicsupsc-p1-economy-financial-markets-sebiIndian Railwaysupsc-p1-economy-reforms-lpgupsc-p1-economy-taxation-gstupsc-p1-economy-inclusive-growthupsc-p1-economy-foreign-investment-fdiupsc-p1-economy-fiscal-policy-budgetupsc-p1-economy-digital-fintechupsc-p1-economy-industry-msmeRajasthan GKInflationInternational Tradeupsc-p1-current-affairs-economy-budget-surveyupsc-p1-economy-demographics-hdiupsc-p1-economy-employment-labourStartupsupsc-p1-geography-india-transportShip Recyclingupsc-p1-economy-infrastructure-pppGreen Revolutionupsc-p1-geography-india-industriesupsc-p1-geography-world-agriculture-economicSteel Sectorupsc-p1-economy-poverty-unemploymentTourismPlanning CommissionMSMEQuality Control OrdersAgriculture PolicyHandloom / IIHT Sutra 2026Coal ProductionIndia PostBanking and FinanceIndia TradeIndian EconomyPension and Social SecurityAgricultural PolicyContainer Manufacturing Assistance SchemeRural DevelopmentEleventh Five Year PlanPSU MergersFCV tobacco marketIndustrial classificationContainer Train LicensingPMAY-UrbanAgricultural revolutionsDigital FinanceFertilizers/Green UreaInvestment Friendliness IndexCooperativesTextilesTobacco Board reviewUPI chargesKolkata MetroCritical MineralsUnincorporated SectorLogisticsNITI AayogHorticultureVariable Rate Repo AuctionCBDC-based welfare transfersWindfall TaxeSaras and DAY-NRLMroadsupsc-p1-current-affairs-art-culture-heritageupsc-p1-current-affairs-reports-indicesupsc-p1-economy-govt-schemes-programmesupsc-p1-economy-public-finance-fcForeign Investmentupsc-p1-geography-india-agricultureForeign TradeDefence ProductionPFRDA and Pension ReformTaxation and Capital MarketsTrade and ReportsTypes of government budgetUPI institutional frameworkUPI transaction trendsUdyam RegistrationUnified Payments InterfaceUnion Budget 2024-25: fiscal deficitUnion Budget reformsUnion tax revenueUrban Cooperative BanksVariable Rate RepoWealth Tax in IndiaWhite RevolutioniFMSupsc-p1-current-affairs-science-tech-newsupsc-p1-economy-sustainable-development-sdgupsc-p1-environment-agriculture-environmentupsc-p1-environment-sustainable-developmentupsc-p1-geography-economic-resource-locationupsc-p1-geography-world-minerals-industriesupsc-p1-science-tech-blockchain-quantumMGNREGA Wage PaymentMonetary PolicyAgricultural Export LogisticsAgricultural exportsAgricultural finance institutionsAgricultural income taxAgricultural missionsAgricultural price support schemesAgricultural technologyAgricultureAgriculture SchemesAgriculture and MSPAgriculture and allied sectorsAsset Reconstruction FundBank GovernanceBanking & FinanceBanking Cyber SecurityBanking and Insolvency ResolutionBanking history in IndiaBanking system healthBanking: Statutory Liquidity RatioBlue RevolutionCAG Rajasthan state financeCoal Exchange RegistrationCoal Exchange RegulationCoal Mines and EmploymentCommercial Coal MiningCommercial Coal Mining EligibilityConsumer protectionCooperative MobilityCooperative SectorCrop Area CoverageCustoms DutyDairy CooperativesDairy ProcessingDairy SectorDefence and SecurityDelayed PaymentsEconomic planning in IndiaEmployment and unemployment surveysEnergy PolicyEnergy and MiningEnergy and Power SectorEnergy securityExternal TradeFCNR(B) InflowsFRP and dealer stock capFertiliser SubsidyFertiliser supplyFinance Commission devolutionFinancial inclusion and creditFinancial institutionsFinancial sector regulatorsFiscal policy formulationFive Year PlansFive-Year PlansFood security institutionsForeign Trade Policy and export schemesForeign Trade and ExportsForeign direct investmentGI legal frameworkGI product categoriesGSTIN structureGas PricingGeographical IndicationsGobardhanGoods and Services Tax NetworkGovernment Schemes and Credit PolicyGovernment SchemesGreen SteelGreen Urea and Green HydrogenHorticulture ExportsHuman capital formationHuman development indicesIBC and Banking SectorImport protection policyIncome inequality measuresIndia Post Q1 RevenueIndia-UK CETAIndian currency notesIndian economy at independenceIndustrial CorridorsIndustrial sectorsIndustry and ManufacturingInflation and Price IndicesInternational RelationsKeynesian economicsKharif SowingKharif Sowing 2026Land PortsLiquidity Adjustment FacilityLucknow-Kanpur ExpresswayMNREGA: women reservationMSME paymentsManufacturing IncentivesMaritime SectorMineral ResourcesMinimum Support PriceMobile Phone Manufacturing SchemeMoong procurementNICDPNarasimham CommitteeNational Food Security MissionNational Income Accounting base yearNational Shipping BoardNational Steel PolicyNew Economic Policy of IndiaOnion bufferOperation Flood and White RevolutionPFRDA NPS ReformPM Jan Dhan YojanaPM Jan Dhan Yojana benefitsPM SVANidhiPM-AASHAPayment regulationPer capita incomePostal ServicesPoverty measurementPradhan Mantri Jan Dhan YojanaPurchasing Power ParityRBI Forex Swap and FCNR(B)RBI NBFC RegulationRBI USD-INR swap facility and FCNR(B) windowRail ConnectivityRail freight licensingRailway Budget Madhya PradeshRailway EngineeringRailway Gauge ConversionRailway InfrastructureRajasthan off-budget borrowingRegional Rural BanksReserve Bank of IndiaSAFTASEBI enforcement orderSEBI monetary directionsSTP SchemeScheme IncentivesSecurities and Exchange Board of IndiaShipping Freight OutgoSocial welfare schemesSpecial Economic ZonesState-wise STP UnitsSubsidiesSugar price measures and figuresSugarcane FRP and sugar market measuresTReDSTalabira Coal Production