NABARD was set up on the recommendation of which committee?
- A.Narasimham Committee
- B.Sivaraman Committee (CRAFICARD)
- C.Nachiket Mor Committee
- D.Rangarajan Committee
Show answer
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.
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