NABARD GK Questions 2026

The World Economic Outlook is the IMF's survey of the world economy, carrying growth, inflation and current account projections for its member countries, and the Fund also publishes the Global Financial Stability Report and the Fiscal Monitor.

GATT was signed in 1947 by twenty three countries, India among them, and came into force on 1 January 1948 as a treaty with a small secretariat rather than a full organisation.

The WTO works from Geneva, where the GATT secretariat had been housed before it, and its head carries the title Director-General.

The IMF has its headquarters in Washington DC in the United States, and the World Bank Group stands across the street from it in the same city, which is why both are often described together as the Washington institutions.

In July 1944 delegates of forty four allied nations, including India, met at Bretton Woods in New Hampshire in the United States and agreed to create the International Monetary Fund for monetary cooperation and the International Bank for Reconstruction and Development for reconstruction lending, which is why the two are…

The World Trade Organization came into being on 1 January 1995 as the successor to the General Agreement on Tariffs and Trade, and India, which had been a party to GATT since 1948, became a member of the WTO on that very first day, which makes it a founding member.

The two sides agreed to look at working together in the seed sector through a work plan that would name the key areas of cooperation and lay down a clear framework for effective implementation, and this was the new area taken up alongside the review of existing cooperation.

The two sides discussed the progress made on establishing twenty-five Centres of Excellence in the agriculture and horticulture sectors, and these centres are the main instrument through which Dutch expertise in horticulture and protected cultivation reaches Indian growers.

Silvio Erkens, the Dutch Minister for Agriculture, Fisheries, Food Security and Nature, held bilateral talks with the Union Minister for Agriculture and Farmers Welfare in New Delhi, and the discussions covered the Centres of Excellence being set up in agriculture and horticulture, cooperation in the seed sector, market access and…

Addressing the gathering at the flag-off, the Chairman of APEDA congratulated the exporter and the stakeholders, said that a direct export by the farmer producer organisation would raise considerably the value realised by the producers, acknowledged the contribution of NIFTEM and expressed hope of expanding exports to the Canadian market.

The consignment comprised 2,295 boxes of frozen food products weighing 24 MT in all, and its declared shipment value was CAD 35,140, the currency being the Canadian dollar because the buyer is in Canada.

The consignment of frozen food products was flagged off from Sonipat in Haryana for the Canadian market, it was exported by Aterna Foods Producer Company Limited, and the Chairman of APEDA said at the event that he expected exports to Canada to grow further.

That section is the provision under which the Reserve Bank grants a licence to carry on banking business in India, and both differentiated categories are licensed under it; once the Reserve Bank is satisfied, they are also included in the second schedule of the Reserve Bank of India Act of…

It was launched on the first of September 2018, is wholly owned by the Government of India and operates under the Department of Posts, using the post office network and postal staff to reach customers, which makes it the payments bank with the widest physical reach in the country.

The Reserve Bank set up the Committee on Comprehensive Financial Services for Small Businesses and Low Income Households under Nachiket Mor in September 2013, and its report recommended differentiated bank licences, including payments banks, as a faster route to financial inclusion than waiting for full service banks to expand.

At least a quarter of the banking outlets of a small finance bank must be in unbanked rural centres, which the guidelines define as centres with a population of up to 9,999 according to the latest census, the same definition used for universal banks; the requirement exists so that a…

The guidelines require that at least half of a small finance bank's loan portfolio be made up of loans and advances of up to twenty five lakh rupees each, and the purpose is to keep the bank lending small even as it grows, so that it does not drift towards…

A small finance bank exists to serve small borrowers, and the guidelines enforce that purpose by requiring seventy five per cent of its adjusted net bank credit to go to the sectors eligible as priority sector lending, which include agriculture, micro and small enterprises, education, housing and weaker sections.

Since a payments bank cannot lend, the guidelines direct where its deposits must go: at least seventy five per cent of demand deposit balances must be invested in government securities and treasury bills eligible for the statutory liquidity ratio, with a maturity of up to one year, and not more…

The licence of a payments bank excludes credit altogether: it may not lend to anyone and may not issue credit cards, and this single prohibition is what separates it from every other kind of bank in India.