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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

Q101.Indian EconomyMedium

Which of the following is a feature of a futures contract but not of a forward contract?

  1. A.It is a contract for a future date
  2. B.It is traded on a recognised exchange with standard terms
  3. C.It can be used to hedge price risk
  4. D.It has an underlying asset
Show answer
Correct answer: B. It is traded on a recognised exchange with standard terms

A future is a standardised contract in which the exchange fixes the quantity, quality, delivery date and delivery centre, both parties deposit margin, positions are marked to market daily and a clearing corporation becomes the counterparty to both sides, so the risk of default is removed.

Q102.Indian EconomyMedium

A call option gives its holder the right to:

  1. A.Buy the underlying asset at the strike price
  2. B.Sell the underlying asset at the strike price
  3. C.Borrow the underlying asset free of interest
  4. D.Cancel the contract without paying a premium
Show answer
Correct answer: A. Buy the underlying asset at the strike price

A call is the right to call the asset away from the seller, that is to buy it, and a buyer purchases a call when he expects the price of the underlying to rise above the strike price.

Q104.Indian EconomyEasy

A derivative is a financial instrument whose value is:

  1. A.Fixed by the government
  2. B.Derived from an underlying asset
  3. C.Equal to the face value of a share
  4. D.Determined by the Reserve Bank of India
Show answer
Correct answer: B. Derived from an underlying asset

A derivative has no independent value of its own; it is a contract whose worth is drawn from the price of something else, which may be a commodity such as gold or crude oil, a share, a stock index, a currency or an interest rate.

Q105.Banking & Financial AwarenessAsked in: UPSC Civil Services · CSE Prelims 2019, GS Paper IMedium

The Service Area Approach was implemented under the purview of

  1. A.Integrated Rural Development Programme
  2. B.Lead Bank Scheme
  3. C.Mahatma Gandhi National Rural Employment Guarantee Scheme
  4. D.National Skill Development Mission
Show answer
Correct answer: B. Lead Bank Scheme

The Service Area Approach, introduced by the RBI in 1989, worked within the framework of the Lead Bank Scheme to plan rural credit village by village.

Q106.GeographyAsked in: UPSC Civil Services · CSE Prelims 2018, GS Paper IMedium

With reference to the circumstances in Indian agriculture, the concept of "Conservation Agriculture" assumes significance. Which of the following fall under the Conservation Agriculture ? 1. Avoiding the monoculture practices 2. Adopting minimum tillage 3. Avoiding the cultivation of plantation crops 4. Using crop residues to cover soil surface 5. Adopting spatial and temporal crop sequencing/crop rotations Select the correct answer using the code given below:

  1. A.1, 3 and 4
  2. B.2, 3, 4 and 5
  3. C.2, 4 and 5
  4. D.1, 2, 3 and 5
Show answer
Correct answer: C. 2, 4 and 5

Conservation agriculture rests on three principles: minimum soil disturbance, permanent soil cover and crop diversification through rotations.

Q107.GeographyAsked in: UPSC Civil Services · CSE Prelims 2020, GS Paper IHard

What are the advantages of fertigation in agriculture ? 1. Controlling the alkalinity of irrigation water is possible. 2. Efficient application of Rock Phosphate and all other phosphatic fertilizers is possible. 3. Increased availability of nutrients to plants is possible. 4. Reduction in the leaching of chemical nutrients is possible. Select the correct answer using the code given below:

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

Fertigation feeds dissolved fertiliser through drip or sprinkler lines, but it cannot use insoluble rock phosphate. Fertigation means applying fertilisers along with irrigation water, usually through a drip system, so that small doses reach the root zone exactly when the crop needs them.

Q108.Government SchemesMedium

Which ministry organises Shilp Samagam Mela through its three national corporations?

  1. A.Ministry of Textiles
  2. B.Ministry of Culture
  3. C.Ministry of Social Justice and Empowerment
  4. D.Ministry of Micro, Small and Medium Enterprises
Show answer
Correct answer: C. Ministry of Social Justice and Empowerment

The mela is that ministry's marketing-support platform for artisans and beneficiaries linked to its three national corporations, namely the National Scheduled Castes Finance and Development Corporation, the National Safai Karamcharis Finance and Development Corporation and the National Backward Classes Finance and Development Corporation, known by the short forms NSFDC, NSKFDC…

Q109.Government SchemesMedium

BHARAT-TULIP, the initiative promoted at Shilp Samagam Mela 2026, stands for which of the following?

  1. A.Traditional Artisans' Upliftment Livelihood Programme
  2. B.Tribal Upliftment and Local Industry Promotion
  3. C.Textile Units' Livelihood Improvement Plan
  4. D.Traditional Unified Loom Investment Programme
Show answer
Correct answer: A. Traditional Artisans' Upliftment Livelihood Programme

The ministry described BHARAT-TULIP as a key focus of the Guwahati mela, an initiative that takes the products of artisans from the target groups to buyers through physical outlets as well as e-commerce platforms.

Q111.Indian EconomyHard

The Sukanya Samriddhi account for a girl child matures:

  1. A.Fifteen years from the date of opening
  2. B.Twenty-one years from the date of opening
  3. C.When the girl turns eighteen years of age
  4. D.After five years, like the National Savings Certificate
Show answer
Correct answer: B. Twenty-one years from the date of opening

The account is opened by a guardian in the name of a girl child before she completes ten years of age, deposits are made for the first fifteen years, and the account matures twenty-one years from the date it was opened; a part withdrawal is allowed for higher education after…

Q113.Indian EconomyMedium

An open-ended mutual fund scheme is one which:

  1. A.Has a fixed maturity date and is listed on a stock exchange
  2. B.Allows investors to enter and exit on any working day at the NAV
  3. C.Opens for transactions only at stated intervals
  4. D.Invests only in government securities
Show answer
Correct answer: B. Allows investors to enter and exit on any working day at the NAV

An open-ended scheme has no fixed maturity; the fund house keeps creating and cancelling units, so an investor may buy or redeem on any working day at the NAV declared for that day, which is why most schemes sold today are open-ended.

Q114.Indian EconomyEasy

The National Pension System (NPS) in India is regulated by:

  1. A.SEBI
  2. B.IRDAI
  3. C.PFRDA
  4. D.RBI
Show answer
Correct answer: C. PFRDA

The Pension Fund Regulatory and Development Authority, which was given statutory status by the PFRDA Act of 2013, regulates the National Pension System and the Atal Pension Yojana, appoints the pension fund managers and the central record keeping agency, and prescribes the Tier I and Tier II account structure.

Q115.Indian EconomyEasy

The chief benefit of investing through a Systematic Investment Plan (SIP) is:

  1. A.A guaranteed return fixed in advance
  2. B.Rupee cost averaging over market cycles
  3. C.Exemption from the expense ratio
  4. D.Freedom from all market risk
Show answer
Correct answer: B. Rupee cost averaging over market cycles

In an SIP the same sum is invested at fixed intervals, so it automatically buys more units when the NAV is low and fewer when it is high; over a full market cycle the average cost per unit therefore works out lower than a lump sum invested at a high…

Q118.Indian EconomyMedium

In the three-tier structure of an Indian mutual fund, which entity actually manages the schemes and takes the investment decisions?

  1. A.The sponsor
  2. B.The trustees
  3. C.The asset management company
  4. D.The custodian
Show answer
Correct answer: C. The asset management company

The AMC is appointed by the trustees, is registered with SEBI and runs the schemes from day to day: it employs the fund managers, decides which securities to buy and sell, and is paid a management fee out of the scheme.

Q119.Indian EconomyMedium

Which was the first mutual fund organisation in India, set up in 1963 by an Act of Parliament?

  1. A.SBI Mutual Fund
  2. B.Unit Trust of India
  3. C.Life Insurance Corporation of India
  4. D.Industrial Development Bank of India
Show answer
Correct answer: B. Unit Trust of India

The Unit Trust of India was established in 1963 by an Act of Parliament and launched its first scheme, Unit Scheme 1964 or US-64, in the following year; it held a monopoly of the business until 1987.

Q120.Indian EconomyMedium

The net asset value (NAV) of a mutual fund scheme is calculated as:

  1. A.Total assets of the scheme divided by its total liabilities
  2. B.Market value of assets minus liabilities, divided by the number of units outstanding
  3. C.Total income of the scheme divided by the number of investors
  4. D.Face value of a unit plus the exit load
Show answer
Correct answer: B. Market value of assets minus liabilities, divided by the number of units outstanding

The NAV is the per unit book value of a scheme: take the market value of all the securities and cash the scheme holds, subtract its liabilities and accrued expenses, and divide by the number of units outstanding.