Institutional evolution: ARDC later became a part of which body? ARDC = Agricultural Refinance and Development Corporation, merged during rural credit reforms. Choose the correct option.
General Knowledge
Indian Economy
Difficulty: Easy
Choose an option
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ANABARD (National Bank for Agriculture and Rural Development)
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BRBI (Reserve Bank of India)
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CSBI (State Bank of India)
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DExim Bank of India
Answer
Correct Answer: NABARD (National Bank for Agriculture and Rural Development)
Explanation
Fact
- In 1982, ARDC was merged into NABARD, which took over agricultural refinance/development functions.
Final AnswerNABARD (National Bank for Agriculture and Rural Development)