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    • 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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