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Current Affairs

NABARD Sanctioned Rs 1,500 crores to the Farmers of Punjab

Current Context: The National Bank for Agriculture and Rural Development(NABARD) has sanctioned an amount of Rs 1,500 crores to the farmers of Punjab state.

  • The amount will help to ensure the continuous credit flow to the farmers in the lockdown situation of COVID-19.
  • Out of the total amount, Rs1,000 crore has been sanctioned to Punjab State Cooperative Bank and Rs 500 crores have been sanctioned to Punjab Gramin Bank.

Static Part:

  • HQ of NABARD: Mumbai
  • Chairman of NABARD: Harsh Kumar Bhanwala
  • CM of Punjab: Captain Amarinder Singh
  • Governor of Punjab: V.P. Singh Badnore
  • Wild Life Sanctuaries in Punjab: Abohar WLS, BirBadson WLS, BirBunerheri WLS, Harike Lake WLS, JhajjarBacholi WLS, KathlaurKushlian WLS, Nangal WLS, BirMehaswala WLS.

Question:

Q.1 Recently NABARD sanctioned Rs____ in order to ensure credit flow to the farmers of Punjab state? 
a. Rs 1,000 crores
b. Rs 1,500 crores
c. Rs 2,500 crores
d. Rs 2,000crores
NABARD Sanctioned Rs 1,500 crores to the Farmers of Punjab NABARD Sanctioned Rs 1,500 crores to the Farmers of Punjab Reviewed by Neha Verma on May 17, 2020 Rating: 5

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