NABARD was established on the recommendations of the B. Sivaramman Committee (by Act 61 of 1981 of Parliament) to regulate and supervise the functions of cooperative banks and regional rural banks in India, as well as to support rural development.
When was the NABARD established ?
Asked in MPPSC CS Prelims 2023 · Topic: Money & Banking (Cooperative Banks and Development Financial Institutions (DFIs))
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