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NABARD GK Questions 2026

The static part of NABARD's awareness tests is economics, rural society and agriculture more than history or sports. The Grade A syllabus for Economic & Social Issues covers the nature of the Indian economy, reforms, inflation, poverty and its measurement, population policy, rural credit, industrial policy, banking reforms, international institutions, social structure, education, social justice and human development. The Agriculture & Rural Development syllabus covers agronomy, soils and irrigation, farm engineering, horticulture, animal husbandry, fisheries, forestry, extension, ecology and climate change, agricultural finance and marketing, and rural development programmes and Panchayati Raj. This page holds GK24's topic-wise GK notes for NABARD. Each note is written as short facts and tables, so a topic can be revised in one sitting. The Indian Economy notes serve most of ESI. The Indian Polity notes cover Panchayati Raj and social justice. The Geography notes cover soils, irrigation, climate and forests, and the Environment and Ecology notes cover climate change and its international bodies. The Computer notes serve the Computer Knowledge test, and Static GK helps with General Awareness. Agronomy, animal husbandry and fisheries go beyond general GK, so use the advertisement's ARD list as a checklist for them. Read a note, then take its quiz on this site to check what you retained.

NABARD GK Questions with Answers

Q81.Banking & Financial AwarenessAsked in: UPSC Civil Services · CSE Prelims 2026, GS Paper IHard

Consider the following statements about the Non-Banking Financial Companies (NBFCs) in India : 1. NBFCs cannot accept demand deposits. 2. All the NBFCs operating in India have to be registered with the RBI. 3. NBFCs form part of the payment and settlement system and can issue cheque drawn on itself. 4. Deposit insurance facility of Deposit Insurance and Credit Guarantee Corporation (DICGC) is not available to the depositors of deposit taking NBFCs. Which of the statements given above is/are correct ?

  1. A.1 and 4
  2. B.1, 2 and 3
  3. C.4 only
  4. D.2, 3 and 4
Show answer
Correct answer: A. 1 and 4

These are two of the three ways the RBI itself says an NBFC differs from a bank. An NBFC lends and invests like a bank, but it cannot accept demand deposits such as savings or current accounts, so statement 1 is correct.

Q82.InternationalMedium

With which body did Dr M. L. Jat highlight the signing of a Memorandum of Understanding for agricultural cooperation?

  1. A.Council for Agricultural Science and Technology (CAST)
  2. B.World Food Prize Foundation
  3. C.National Academy of Agricultural Sciences
  4. D.Food and Agriculture Organization
Show answer
Correct answer: A. Council for Agricultural Science and Technology (CAST)

Referring to efforts to widen international institutional partnerships, Dr Jat pointed to the signing of a Memorandum of Understanding with CAST, which is expected to open new avenues of cooperation in agricultural research, capacity development and knowledge exchange.

Q83.InternationalMedium

The Norman E Borlaug International Dialogue is organised by which body?

  1. A.The Food and Agriculture Organization
  2. B.The World Food Prize Foundation
  3. C.The Consultative Group on International Agricultural Research
  4. D.The International Food Policy Research Institute
Show answer
Correct answer: B. The World Food Prize Foundation

The roundtable that Dr M. L. Jat addressed was held on the sidelines of the Norman E Borlaug International Dialogue during the World Food Prize Foundation programme at Des Moines in the United States, and he joined it virtually.

Q84.InternationalEasy

Who, as Secretary DARE and Director General ICAR, addressed a roundtable at the Norman E Borlaug International Dialogue?

  1. A.Dr M. L. Jat
  2. B.Dr B. S. Dwivedi
  3. C.Dr Karim Meredia
  4. D.Dr P. V. Varaprasad
Show answer
Correct answer: A. Dr M. L. Jat

He is Secretary of the Department of Agricultural Research and Education and Director General of the Indian Council of Agricultural Research, and he addressed the roundtable virtually, speaking in his capacity as President of the National Academy of Agricultural Sciences, India.

Q85.Summits & ConferencesMedium

Which policy document is being released at the Fisheries Investors and Exporters Conclave 2026?

  1. A.Madhya Pradesh Fisheries Investment and Export Guidelines
  2. B.National Inland Fisheries Policy
  3. C.Blue Revolution Charter
  4. D.Reservoir Cage Culture Code
Show answer
Correct answer: A. Madhya Pradesh Fisheries Investment and Export Guidelines

This is a state policy, and its purpose is to ease investment across the parts of the fisheries value chain: hatcheries, fish seed and feed, reservoir and cage fisheries, aquatic animal health, processing, cold-chain infrastructure, logistics, value addition and market development.

Q89.Indian EconomyAsked in: UPSC Civil Services · CSE Prelims 2023, GS Paper IMedium

Consider the following statements : 1. The Self-Help Group (SHG) programme was originally initiated by the State Bank of India by providing microcredit to the financially deprived. 2. In an SHG, all members of a group take responsibility for a loan that an individual member takes. 3. The Regional Rural Banks and Scheduled Commercial Banks support SHGs. How many of the above statements are correct?

  1. A.Only one
  2. B.Only two
  3. C.All three
  4. D.None
Show answer
Correct answer: B. Only two

Statements 2 and 3 are correct; statement 1 is not. The SHG movement in banking was started by NABARD, not the State Bank of India.

Q90.Government SchemesHard

Consider the following statements about the SARAS Mela platform and select the correct option.

  • 1. The first National SARAS Mela was organised in Delhi in 1999 with about 65 beneficiaries.
  • 2. A total of 117 National SARAS Melas have been held so far, with annual sales of more than Rs 200 crore.

  1. A.Only 1 is correct
  2. B.Only 2 is correct
  3. C.Both 1 and 2 are correct
  4. D.Neither 1 nor 2 is correct
Show answer
Correct answer: C. Both 1 and 2 are correct

The SARAS journey opened in 1999, when the first National SARAS Mela was organised in Delhi with roughly 65 beneficiaries, so the first statement holds.

Q91.Government SchemesMedium

What is the enhanced target for Lakhpati Didis announced by the government in February 2026?

  1. A.Two crore
  2. B.Three crore
  3. C.Six crore
  4. D.Ten crore
Show answer
Correct answer: C. Six crore

The Lakhpati Didi initiative under DAY-NRLM moved up in stages, and in February 2026 the government announced a raised target of six crore Lakhpati Didis, a phase that puts weight on holding on to income gains and helping enterprises grow rather than only counting members.

Q92.Government SchemesMedium

SARAS Melas are organised under which of the following missions?

  1. A.Pradhan Mantri Awas Yojana - Gramin
  2. B.Deendayal Antyodaya Yojana - National Rural Livelihoods Mission
  3. C.Mahatma Gandhi National Rural Employment Guarantee Scheme
  4. D.Deen Dayal Upadhyaya Grameen Kaushalya Yojana
Show answer
Correct answer: B. Deendayal Antyodaya Yojana - National Rural Livelihoods Mission

SARAS Melas are organised by the government under this mission, which is its flagship programme for cutting rural poverty and building women’s economic strength.

Q94.Indian EconomyMedium

Trading in equity derivatives began in India in which year, following the recommendations of the L. C. Gupta Committee?

  1. A.1992
  2. B.1996
  3. C.2000
  4. D.2003
Show answer
Correct answer: C. 2000

The L. C. Gupta Committee appointed by SEBI recommended the introduction of exchange traded derivatives, the law was amended to include derivatives in the definition of securities, and trading in index futures began on the Indian stock exchanges in June 2000; index options, stock options and stock futures followed in…

Q95.Indian EconomyHard

A market is said to be in contango when:

  1. A.The futures price is higher than the spot price
  2. B.The futures price is lower than the spot price
  3. C.The spot price and the futures price are equal
  4. D.Trading in the futures contract is suspended
Show answer
Correct answer: A. The futures price is higher than the spot price

Contango is the normal condition of a commodity market, because anyone holding goods until a future date must pay for storage, insurance and interest on the money locked up, and those carrying costs are added to the spot price to arrive at the futures price.

Q96.Indian EconomyMedium

Negotiable warehouse receipts in India are regulated by:

  1. A.Food Corporation of India
  2. B.Warehousing Development and Regulatory Authority
  3. C.Central Warehousing Corporation
  4. D.National Bank for Agriculture and Rural Development
Show answer
Correct answer: B. Warehousing Development and Regulatory Authority

The Authority was created under the Warehousing (Development and Regulation) Act, 2007 to register warehouses and to regulate negotiable warehouse receipts, which allow a farmer to deposit produce in a registered warehouse, receive a receipt, raise a loan against it from a bank and sell the goods later instead of…

Q97.Indian EconomyHard

Which is regarded as the first organised futures market in India?

  1. A.Bombay Cotton Trade Association, 1875
  2. B.Multi Commodity Exchange, 2003
  3. C.Calcutta Hessian Exchange, 1919
  4. D.Bombay Stock Exchange, 1875
Show answer
Correct answer: A. Bombay Cotton Trade Association, 1875

Organised futures trading in India began with cotton at Bombay in 1875, and the association formed in that year is treated as the first organised futures market of the country; oilseeds, jute and bullion followed in the decades after.

Q98.Indian EconomyMedium

The National Commodity and Derivatives Exchange (NCDEX) deals mainly in which group of commodities?

  1. A.Bullion and precious metals
  2. B.Crude oil and natural gas
  3. C.Agricultural commodities
  4. D.Base metals such as copper and zinc
Show answer
Correct answer: C. Agricultural commodities

NCDEX, which began operations in 2003, is the exchange on which farm contracts such as guar seed, chana, castor seed, soybean, mustard, cotton and jeera are traded, and it is the reference point for agricultural futures prices in India.

Q99.Indian EconomyHard

The Forward Markets Commission, the former regulator of commodity futures in India, was set up under which law?

  1. A.Securities Contracts (Regulation) Act, 1956
  2. B.Forward Contracts (Regulation) Act, 1952
  3. C.Essential Commodities Act, 1955
  4. D.SEBI Act, 1992
Show answer
Correct answer: B. Forward Contracts (Regulation) Act, 1952

The Forward Markets Commission was set up in 1953 under that Act, with its office at Mumbai, and it regulated commodity futures trading until its merger with SEBI in 2015, after which the Act itself was repealed.

Q100.Indian EconomyMedium

Commodity derivatives in India are regulated by which authority?

  1. A.Reserve Bank of India
  2. B.Forward Markets Commission
  3. C.Securities and Exchange Board of India
  4. D.Ministry of Consumer Affairs
Show answer
Correct answer: C. Securities and Exchange Board of India

The Forward Markets Commission was merged with SEBI on 28 September 2015, the Forward Contracts (Regulation) Act of 1952 was repealed by the Finance Act of 2015, and commodity derivatives were brought within the definition of securities under the Securities Contracts (Regulation) Act, 1956, so SEBI now regulates them.