Explanation:

NABARD is an apex development bank in India. The Reserve Bank of India (RBI) holds the majority stake in it. It was established: 1982 on the recommendations of Shivaraman Committee to implement the National Bank for Agriculture and Rural Development Act, 1981.

• It has been entrusted with matters concerning policy, planning and operations in the field of credit for agriculture and other economic activities in rural areas in India.
• It is active in developing financial inclusion policy and is a member of the Alliance for Financial Inclusion.
• Facilitate credit flow for promotion and development of agriculture, small-scale industries, cottage and village industries, handicrafts and other rural crafts.
• Support all other allied economic activities in rural areas, promote integrated and sustainable rural development and secure prosperity of rural areas.

NABARD mandates for encouraging Commercial banks, cooperative banks and Regional Rural Banks across the country to issue Kisan Credit card (KCC cards). The overarching goal is to develop cash-less eco system by enabling the farming community to avail all new banking facilities at par with urban area of the country.

It is not issued by NABARD directly. so 3rd statement is incorrect.