New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Which committee's recommendations led to the formation

    of the National Bank for Agriculture and Rural Development (NABARD)?
    A Verma Committee Correct Answer Incorrect Answer
    B Shivaraman Committee Correct Answer Incorrect Answer
    C Narasimhan Committee Correct Answer Incorrect Answer
    D Khan Committee Correct Answer Incorrect Answer

    Solution

    The Shivaraman Committee's proposals were instrumental in establishing NABARD, which was enacted through the National Bank for Agriculture and Rural Development Act of 1981, taking over functions from several RBI departments and the ARDC.

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