📖 Detailed Explanation

NABARD (National Bank for Agriculture and Rural Development) was established on 12 July 1982 based on the recommendations of the B. Sivaraman Committee (1979).

The committee was set up by the RBI to review arrangements for institutional credit for agriculture and rural development. NABARD replaced the Agricultural Refinance and Development Corporation (ARDC) and took over the agricultural credit functions of RBI.

🏦 Banking Connection

NABARD is the apex institution that supervises all State Cooperative Banks (StCBs) and District Central Cooperative Banks (DCCBs). For UP Cooperative Bank aspirants, understanding NABARD's role is essential — it directly regulates the cooperative banking structure you'll work in.

📊 Exam Relevance

2-3 questions from NABARD topic appear in every cooperative bank exam. This is from Topic CK-04 in our material.

📌 What This Tells You

This is 1 question from 1 topic. Our material has 82 topics × 15 MCQs = 1,230 questions — every single one explained at this depth, with banking connections and exam patterns mapped.