⚡ Month End Offer is live - Get Flat 55% Off on All Courses • Grab it Now! Click Here 00:00:00 AM

    Question

    Which statement is incorrect about NABARD?

    A The government of India holds 100% stake in NABARD. Correct Answer Incorrect Answer
    B Its headquarter is at Mumbai Correct Answer Incorrect Answer
    C It is involved in policy, planning and operations in the field of credit for agriculture and rural sectors Correct Answer Incorrect Answer
    D It is owned by RBI. Correct Answer Incorrect Answer
    E All are correct Correct Answer Incorrect Answer

    Solution

    The government of India now holds 100% stake in The government of India now holds 100% stake in NABARD. RBI's divestment in Nabard was based on the recommendations of the Narasimham Committee-II.

    Practice Next
    ask-question