NABARD GK Questions 2026

The Secretary of the Ministry told the inaugural session that the suggestion to hold a workshop on cooperative development in Bastar, a district long affected by Left Wing Extremism, had come from Union Home Minister and Minister of Cooperation Shri Amit Shah, which is precisely what makes the venue worth…

The distinction worth holding on to is between the largest overall contributor and the largest single payment.

The receipts of the National Biodiversity Authority come in under that Act read with the Access and Benefit Sharing Regulations, which require users of Indian biological resources to share benefits with the country and with the communities that conserve those resources.

The agri-seed sector accounted for the largest share of the receipts at Rs 7.16 crore, well ahead of every other category.

The National Biodiversity Authority received that amount from users of India biological resources in the half year from 1 April 2026 to 30 September 2026, under the Biological Diversity Act, 2002, as amended in 2023, read with the Access and Benefit Sharing Regulations.

The minister cited this estimate to show how much livelihood depends on the sector, which is the reason seed quality and modern infrastructure matter well beyond the rearing shed.

The trap here is option C: 74 per cent is Assam’s share of Eri silk production, amounting to 2,131 metric tonnes, and the two shares are routinely swapped in question papers, so the pairing must be learnt together.

The Central Silk Board’s Silkworm Seed Production Centre there received a newly constructed grainage building and cold storage facility, inaugurated by the Union Minister of State for Textiles under the North-East Region Textile Promotion Scheme.

The National Bank for Agriculture and Rural Development began work on 12 July 1982 under an Act of 1981, on the recommendation of the Sivaraman Committee, taking over the agricultural credit functions of the Reserve Bank and the refinance business of the Agricultural Refinance and Development Corporation; it has its…

It is issued by the Government of India under the Coinage Act and carries the signature of the Finance Secretary rather than of the Governor of the Reserve Bank; all coins are likewise issued by the Government, while the Reserve Bank only distributes them.

The Deposit Insurance and Credit Guarantee Corporation is a wholly owned subsidiary of the Reserve Bank of India and insures deposits in commercial banks, local area banks, regional rural banks, small finance banks, payments banks and cooperative banks; the cover was raised to five lakh rupees per depositor per bank…

The National Payments Corporation of India was set up in 2008 by the Reserve Bank of India and the Indian Banks Association as a not-for-profit company under the companies law, and it operates the retail payment systems of the country, among them the Unified Payments Interface, RuPay, IMPS, NACH, AePS…

The Financial Stability and Development Council was set up in 2010 by an executive order of the Government, following a recommendation of the Raghuram Rajan Committee on financial sector reforms, and it is chaired by the Union Finance Minister with the heads of the regulators, the Finance Secretary and senior…

The Forward Markets Commission had regulated forward and commodity derivative trading since 1953 under the Forward Contracts (Regulation) Act 1952 and worked under the Ministry of Finance in its last years; it was merged into the Securities and Exchange Board of India on 28 September 2015, the first merger of…

The Tribunal was set up under the SEBI Act and sits at Mumbai; since the Finance Act 2017 it also hears appeals against orders of IRDAI and of PFRDA, so one tribunal now serves three regulators.

PFRDA was first created in 2003 by a resolution of the Government as an interim authority to oversee the new defined contribution pension arrangement, and it ran the National Pension System for a decade without a statute; the Pension Fund Regulatory and Development Authority Act 2013 gave it statutory standing.

The Securities and Exchange Board of India was first constituted in April 1988 as a non-statutory body with advisory functions, and it received statutory powers through the Securities and Exchange Board of India Act 1992, passed in the year the securities scam made a strong market regulator unavoidable.

IRDAI began in New Delhi but its office was shifted to Hyderabad in 2001, and this move is exactly why the question is asked: the candidate who assumes that every financial regulator sits in Mumbai or Delhi gets it wrong.

Formally the Royal Commission on Indian Currency and Finance, it reported in 1926 and recommended a central bank separate from the Imperial Bank of India; the recommendation led to the Reserve Bank of India Act 1934, and the Bank began work on 1 April 1935 with its central office at…

The Insurance Regulatory and Development Authority of India is the statutory regulator of insurance, created under the IRDA Act 1999 after the Malhotra Committee recommended opening the sector to private and foreign capital; it licenses life, general, health and reinsurance companies and registers agents, brokers and surveyors, and its headquarters…