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NABARD Granted Rs 9162 cr Financial Support to WB in FY21

Published on May 09, 2021
Current Context: The National Bank for Agriculture and Rural Development (NABARD) granted Rs 9162 crore financial support to West Bengal in FY21.
NABARD Granted Rs 9162 cr Financial Support to WB in FY21
  • The support was to develop agriculture and allied sectors during the Covid-19 pandemic.
  • Out of total Rs 9162 crore, the amount of Rs 1269.27 crore was granted to develop rural infrastructure, Rs 3842.32 crore was granted for long-term refinances assistance to Rural Financial Institutions (RFIs), and Rs 3757.50 crore was granted for short-term refinances assistance to RFIs to conduct production and marketing activities for farmers and rural artisans.
  • Also, Rs 1659.62 crore of RIDF Loan support was granted by NABARD to conduct 2284 new rural infrastructure development projects in the state.
  • Static Part: 
    • HQ of NABARD: Mumbai
    • Chairman of NABARD: Govinda RajulaChintala
    • Lakes in WB: Debar Lake, East Calcutta Wetlands, Jore Pokhri, Mirik Lake, Rabindra Sarobar, Rasikbil, Santragachhi Lake, Senchal Lake

Question: 

Q.1 NABARD granted Rs _____ of financial support to West Bengal in FY21to develop agriculture and allied sectors of the state during the pandemic COVID-19?
a. Rs 9162 crore
b. Rs 8162 crore
c. Rs 7162 crore
d. Rs 6162 crore
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