NABARD GK Questions 2026

NPCI, set up in 2008 as the umbrella organisation for retail payments in the country, built and runs the Unified Payments Interface, along with RuPay, IMPS, the Aadhaar Enabled Payment System, the National Automated Clearing House and FASTag.

The Pradhan Mantri Jan Dhan Yojana was launched on 28 August 2014 as the national mission for financial inclusion, offering a zero-balance Basic Savings Bank Deposit Account, a RuPay debit card with accident insurance cover and an overdraft facility for accounts operated satisfactorily.

It will be made up of representatives of the Indian Council of Agricultural Research and the Crops Research Institute, will review the progress of cooperation and will guide implementation, meeting periodically in New Delhi and in Accra.

The understanding between the Indian Council of Agricultural Research and the Crops Research Institute of Ghana provides a framework of this duration for joint agricultural research, exchange of science and technology, capacity building, and the application and commercialisation of agricultural technologies.

It signed a Memorandum of Understanding with the Indian Council of Agricultural Research, New Delhi, covering joint agricultural research, scientific and technological exchange, capacity building and the application and commercialisation of farm technologies, and the signing was attended by the external affairs ministers of both countries.

The Department of Economic Affairs in the Ministry of Finance notifies the rates at the start of every quarter, and since the Shyamala Gopinath Committee reported in 2010 the rates are linked to the yields on government securities of comparable maturity, with a spread for some schemes.

The fund was created in 1999 in the Public Account of India, all small savings collections flow into it, and the Centre and the States draw loans from it, which is why small savings are treated as a source of government borrowing.

The Kisan Vikas Patra is sold as a certificate that doubles the amount invested over a period notified by the government, and that period moves up or down as the interest rate is revised.

The eighth issue of the National Savings Certificate is a five-year certificate on which interest is compounded annually and paid along with the principal when it matures, and deposits in it qualify for deduction under section 80C. Option A, three years, is wrong; three years is one of the terms…

The scheme, which began in 2004, is open to an individual who has attained sixty years, and it has a term of five years that can be extended by three years, with interest paid every quarter.

This is the parent law under which the Public Provident Fund, National Savings Certificate, Sukanya Samriddhi, Senior Citizens' Savings and Kisan Vikas Patra schemes are notified, and it was called the Government Savings Banks Act, 1873 until the Finance Act of 2018 renamed it.

The account matures twenty-one years after the date of opening, and it may close earlier if the girl marries after completing eighteen years.

Under the Sukanya Samriddhi Account Scheme a guardian may open an account in the name of a girl child who has not completed ten years of age, and a family may hold two such accounts, or three where twins or triplets are born.

The Public Provident Fund Scheme allows a minimum of five hundred rupees and a maximum of one and a half lakh rupees in a financial year, the same ceiling that applies to the Sukanya Samriddhi Account and matching the limit of the deduction under section 80C. Option A, fifty thousand…

A PPF account runs for fifteen financial years counted from the end of the year in which it is opened, and after that it can be extended in blocks of five years, with or without fresh deposits.

The committee chaired by A. Ghosh reported in 1992 on frauds and malpractices in banks and recommended systems of internal control, a separate vigilance machinery and rules for the prevention and early detection of fraud.

The committee to review governance of boards of banks in India, chaired by P. J. Nayak, reported in 2014 that public sector banks were handicapped by the manner of appointment of their directors and by the government's dual role as owner and policy maker, and it proposed transferring the government's…

The study group chaired by P. L. Tandon reported in 1974 on the norms for bank lending for working capital, fixing acceptable levels of inventory and receivables for each industry and setting out methods of lending that limited how much of a borrower's working capital gap a bank would finance…

The committee chaired by R. N. Malhotra, a former Governor of the Reserve Bank, reported in 1993 on the reform of the insurance sector; it recommended opening the sector to private companies and the creation of an independent regulator, from which the Insurance Regulatory and Development Authority was set up…

The Committee to Review Arrangements for Institutional Credit for Agriculture and Rural Development, known by the short name CRAFICARD, recommended a single apex institution for rural and agricultural credit, and NABARD was established in July 1982.