Question : The National Bank for Agricultural and Rural Development was established when?
Option 1: 1992
Option 2: 1982
Option 3: 1972
Option 4: 1962
Correct Answer: 1982
Solution :
A Parliamentary Act created the National Bank for Agriculture and Rural Development (NABARD) on July 12, 1982.
It serves as the supreme authority in India for regulating cooperative banks and regional rural banks generally.
Hence option b is the correct answer.