NABARD GK Questions 2026

Bank of Baroda has its head office at Vadodara in Gujarat, the city formerly called Baroda, from which the bank takes its name, and that link between the name and the city is the simplest way to remember the fact.

The Reserve Bank of India has had its central office at Bombay, now Mumbai, since 1937, and it has stayed there ever since.

A development finance institution is not a deposit-taking bank for the public; it raises resources from bonds and debentures, from the government, from the Reserve Bank and from multilateral agencies, and uses them for long-term lending.

NaBFID was created by the National Bank for Financing Infrastructure and Development Act, 2021 as a development finance institution for long-term infrastructure finance, with its head office in Mumbai, and it is the newest of the country's apex development institutions.

CGTMSE was established in 2000 by the Government of India together with SIDBI to guarantee loans given without collateral or third-party guarantee to micro and small enterprises, so that a lender's fear of security does not keep a small unit out of formal credit.

The National Housing Bank was established on 9 July 1988 under the National Housing Bank Act, 1987, with its head office in New Delhi, to refinance and regulate housing finance; it was set up as a wholly owned subsidiary of the Reserve Bank, whose shareholding was transferred to the Government…

Besides refinancing them, NABARD carries out the inspection and supervision of the regional rural banks, the state cooperative banks and the district central cooperative banks on behalf of the Reserve Bank, and it also prepares the potential linked credit plans from which district credit plans are drawn.

The Rural Infrastructure Development Fund was created in 1995 to 1996 and is maintained with NABARD; it is funded by the amounts commercial banks fall short of in their priority sector lending targets, and NABARD lends from it to state governments for rural roads, bridges, irrigation works, warehouses and similar…

MUDRA was created in 2015 as a subsidiary of SIDBI to refinance the small loans given by banks, microfinance institutions and non-banking finance companies under the Pradhan Mantri Mudra Yojana, the loans being classified as Shishu up to fifty thousand rupees, Kishore from fifty thousand to five lakh and Tarun…

The EXIM Bank was established on 1 January 1982 under the Export-Import Bank of India Act, 1981, is wholly owned by the Government of India, has its head office in Mumbai, and finances and promotes India's foreign trade, including the lines of credit the government extends to other countries.

The Industrial Finance Corporation of India was set up in 1948 under the Industrial Finance Corporation Act of that year to provide medium and long-term finance to industry, which makes it the first development finance institution in the country; it was converted into a company in 1993.

SIDBI has its head office at Lucknow in Uttar Pradesh, which makes it the one major apex financial institution of the country not headquartered in a metropolitan financial centre, and that is exactly why the question is asked.

The Reserve Bank appointed the Committee to Review the Arrangements for Institutional Credit for Agriculture and Rural Development, known as CRAFICARD, in 1979 under the chairmanship of B. Sivaraman, and its recommendation led to the NABARD Act, 1981 and the creation of NABARD in 1982.

The National Bank for Agriculture and Rural Development was set up on 12 July 1982 under the NABARD Act, 1981, as the apex institution for credit to agriculture and rural development, taking over the work of the Reserve Bank's Agricultural Credit Department and Rural Planning and Credit Cell and of…

The meeting was told that pulses production in 2025-26 reached that record level, which is above the national target.

At the review meeting the Union Agriculture Minister said this intensive campaign will begin across the country on the 22nd of this month to save farmland from declining soil health, poor stubble and residue management and the unbalanced use of chemical fertilisers.

The agriculture ministry's first comprehensive monthly review was told that unique digital Farmer IDs have so far been made for that many farmers under the Digital Agriculture Mission.

Section 10 of FEMA empowers the Reserve Bank to authorise any person to deal in foreign exchange or in foreign securities as an authorised dealer, money changer, offshore banking unit or in any other way, and to revoke that authorisation in the public interest or for breach of its conditions.

Under FEMA a contravention is adjudicated by an Adjudicating Authority, an appeal from that order goes to the Appellate Tribunal, and from the Tribunal an appeal lies to the High Court, but only on a question of law and within the period the Act allows.

A Foreign Currency Non-Resident Bank account is a term deposit held in a permitted foreign currency, so the depositor runs no exchange risk on the rupee, and both principal and interest are freely repatriable.