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 the term “elasticity of demand” measure?

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What is the main aim of Public Distribution System (PDS) in India?

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Which of the following is NOT a component of Aggregate Demand?

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Which organization is responsible for estimating India’s Gross Domestic Product (GDP)?

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What is the objective of the Goods and Services Tax (GST)?

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What is a “repo rate”?

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What is the meaning of “supply-side economics”?

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What is the meaning of "fiscal deficit"?

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What is the term for the price at which demand and supply in a market are equal?

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Which of the following is NOT part of the World Bank Group?

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