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What is the share of Government of India in NABARD?
50%
51%
75%
99%
100%
The National Bank for Agriculture and Rural Development (NABARD) is a key financial institution in India. Here's how the shareholding structure works:
- Initially, NABARD was set up with 50% shareholding by the Government of India and 50% by the Reserve Bank of India (RBI).
- In 2005-06, RBI’s stake was transferred fully to the Government, making it 99%.
- If you see options given (150%, 251%, 375%, 499%, and 100%), the Government of India now holds 100% share in NABARD.
- The inconsistency in the given options likely stems from typographical errors or misunderstanding.
Correct Answer: 100%
The other figures mentioned aren't typically associated with shareholding structures.
By: Parvesh Mehta ProfileResourcesReport error
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