Current Affairs

6th World Congress on Rural and Agricultural Finance

Current context: Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman inaugurated the 6th World Congress on Rural and Agriculture Finance on 12th November 2019.
6th World Congress on Rural and Agricultural Finance
  • The 6th World Congress is jointly organised by:
    1. National Bank for Agriculture and Rural Development (NABARD)
    2. Asia - Pacific Rural Agricultural and Credit Association (APRACA)
    3. Ministry of Agriculture Farmers Welfare
  • It aims to provide pathways to all stakeholders for extending financial services to the rural and agricultural sector.
  • The representatives of banks and financial institutions from over 40 countries have gathered in the conference to deliberate on the subject of Rural and Agriculture Finance: Critical Input to Achieve Inclusive and Sustainable Development.
  • Asia - Pacific Rural Agricultural and Credit Association (APRACA) is a regional association facilitates mutual exchange of information and expertise in the field of rural finance to avert financial risks.

Question: 

Q.1 APRACA, which recently organised the 6th World Congress on Rural and Agriculture Finance, stands for?
a. All Parties Rural Agricultural and Community Association
b. Asia - Pacific Rural Agricultural and Credit Association
c. Asia’s People Rural Agricultural and Community Association
d. Asia-Pacific Rural Agricultural Community Association
6th World Congress on Rural and Agricultural Finance 6th World Congress on Rural and Agricultural Finance Reviewed by Neha Verma on November 13, 2019 Rating: 5

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