Topic Details (Notes format)

NABARD’s Role in Rural Development

Subject: Economics

Book: Comprehensive Indian Economy - Additional Topics

NABARD finances rural infrastructure, oversees cooperative banks, and supports innovations like watershed projects or micro-irrigation. It channels credit to agriculture, cottage industries, and small enterprises. Students should link NABARD’s refinance facilities to priority sector lending goals and highlight success stories in SHG-bank linkage. For exam preparation, note how NABARD fosters integrated rural development, bridging capital gaps and providing capacity-building to rural financial institutions.

Practice Questions

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What is “fiscal stimulus”?

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What does the “Phillips Curve” show?

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Which of the following is a direct tax?

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Which of the following causes demand-pull inflation?

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Which of the following is a feature of a command economy?

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Which economic concept is described as “the next best alternative foregone”?

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What is the main aim of the “Startup India” initiative?

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What does the term “national income” refer to?

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