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

Published on May 17, 2020
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
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