Financial Institutions

Finance (Phase -I & II) SEBI Grade A ( Officer) Exam

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Indian Economy - Understanding the basics of Indian economic system

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NABARD has been established on the recommendation of -

Talwar committee

Tandon committee

Narasimhan Committee

Shivaraman committee

Explanation:

NABARD was established on the recommendations of B. Sivaramman Committee, (by Act 61, 1981 of Parliament) on 12 July 1982 to implement the National Bank for Agriculture and Rural Development Act 1981.

This committee was established by the 61st ACT of the Parliament of India in the year 1981 to investigate and provide recommendations on how to improve the lot of the rural masses that then comprised close to 80% of India's overall population.

By: Yachna

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