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Current Affairs

NABARD Provides Rs 270 Crore to AGVB Bank

Current Context: National Bank for Agriculture and Rural Development (NABARD) has allocated a special liquidity fund of Rs 270 crore to Assam Gramin Vikash Bank (AGVB).
NABARD Provides Rs 270 Crore to AGVB Bank
  • The fund has been allocated in the view of COVID-19 pandemic in order to support farmers to carry out their agricultural activities.
  • NABARD has facilitated a financial liquidity support of Rs 25,000 crore to all the Co-operative Banks, RRBs and MFIs in order to ensure credit flow to the famers and rural India in this pandemic situation of COVID-19.
  • Static Part: 
    • HQ of NABARD: Mumbai
    • Chairman of NABARD: G R Chintala

Question: 

Q.1 Recently NABARD has facilitated a SLF of Rs 270 crore to which of the following rural bank?
a. Bangiya Gramin Vikash Bank
b. Kerala Gramin Bank
c. Assam Gramin Vikash Bank
d. Mizoram Rural Bank
NABARD Provides Rs 270 Crore to AGVB Bank NABARD Provides Rs 270 Crore to AGVB Bank Reviewed by Neha Verma on June 08, 2020 Rating: 5

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