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

What does “inclusive banking” mean?

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Which of the following is an example of a capital receipt for the government?

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What is the significance of “Purchasing Power Parity” (PPP)?

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Which of the following is an example of fiscal policy?

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What is the main purpose of monetary policy?

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What does the term "depreciation" refer to in the context of assets?

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What is the Phillips Curve?

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Which of the following measures is most effective in controlling inflation?

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What is meant by “stagflation”?

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Which term refers to the decrease in the value of a currency relative to foreign currencies?

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