NABARD GK Questions 2026

The real rate of interest is the nominal rate less the rate of inflation, an approximation known as the Fisher equation.

The wholesale price index is built entirely from the prices of goods traded in bulk, and it has exactly three major groups: primary articles, fuel and power, and manufactured products, of which manufactured products carry the largest weight.

The Monetary Policy Committee set up under the amended Reserve Bank of India Act has six members.

If the inflation rate falls from seven per cent to five per cent, prices are still higher than last year but they are rising more slowly.

A loan is repaid in a fixed number of rupees, and inflation reduces what those rupees can buy. The borrower therefore returns money of smaller real value than the money received, so the real burden of the debt falls.

The word joins stagnation and inflation, and it describes the awkward situation in which prices are rising fast while output is flat and unemployment is high.

It is described in the classic phrase as too much money chasing too few goods.

The wholesale price index is compiled and released every month by the Office of the Economic Adviser in the Department for Promotion of Industry and Internal Trade, under the Ministry of Commerce and Industry.

When the flexible inflation targeting framework was adopted after the amendment of the Reserve Bank of India Act in 2016, the combined rural and urban consumer price index released by the National Statistical Office was made the nominal anchor, as the Urjit Patel Committee had recommended.

A memorandum of understanding was also exchanged for integrating the supply-chain logistics of fisheries products of the Bharatiya Matsya Pravartak Sangham with this brand.

An agreement signed at the Kollam event between the NCCF and Bharat Lajhna Sahakari Samiti provides for opening 300 She-Mart shops across the three southern states, where local products will be sold along with Bharat Brand goods.

The Union Home Minister and Minister of Cooperation launched the Vanitham She-Mart Shops at the Pavithram Convention Centre in Kollam on 26 September 2026, and said it was satisfying that the initiative was beginning from a state with more than 23,000 working cooperative institutions and a movement that has been…

The Planning Commission divided India into 15 agro-climatic zones in 1989, so that farm planning could follow soil, climate, rainfall and water resources rather than State boundaries.

The National Bank for Agriculture and Rural Development is a development financial institution set up in 1982.

The Reserve Bank has the sole right to issue currency notes in India, but the one rupee note and every coin are issued by the Government through the Ministry of Finance.

Short-term rural cooperative credit is built in three tiers: the State Cooperative Bank at the apex of the state, the District Central Cooperative Bank at the district level and the Primary Agricultural Credit Society in the village, where the farmer actually borrows.

Under the Regional Rural Banks Act, 1976 the issued capital of an RRB is shared in the proportion of 50 per cent by the Central Government, 35 per cent by the sponsor commercial bank and 15 per cent by the State Government concerned.

A payments bank is a differentiated bank licensed on the lines suggested by the Nachiket Mor Committee to carry payments and small savings to people the branch network had not reached.

A bank is placed in that Schedule once it has the prescribed paid-up capital and reserves and satisfies the Reserve Bank that its affairs are not conducted in a manner harmful to depositors.

The Reserve Bank is banker to banks: every scheduled bank keeps an account with it, holds its cash reserve ratio there, settles payments with other banks through those accounts and can borrow from it when short of funds.