NABARD Development Assistant MCQ

1. What does NABARD stand for?
a) National Bank for Agriculture and Rural Development
b) National Agriculture and Rural Development Board
c) National Agricultural and Rural Development Bureau
d) National Authority for Banking and Rural Development

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Answer: a) National Bank for Agriculture and Rural Development

2. When was NABARD established?
a) 1980
b) 1990
c) 1975
d) 2000

Answer: a) 1980

3. Who is the current Chairman of NABARD?
a) Harsh Kumar Bhanwala
b) G.R. Chintala
c) Dr. K. V. Kamath
d) Shaktikanta Das

Answer: b) G.R. Chintala

4. NABARD provides financial assistance mainly to which sector?
a) Industrial Sector
b) Urban Development Sector
c) Agricultural and Rural Development Sector
d) Healthcare Sector

Answer: c) Agricultural and Rural Development Sector

5. The NABARD Development Assistant exam mainly tests knowledge in which areas?
a) Quantitative Aptitude, Reasoning, and English Language
b) General Awareness, Computer Knowledge, and English Language
c) Agriculture and Rural Development, Economic and Social Issues, and English Language
d) Logical Reasoning, Current Affairs, and Quantitative Aptitude

Answer: c) Agriculture and Rural Development, Economic and Social Issues, and English Language

6. What is the primary function of NABARD’s SHG Bank Linkage Program?
a) Providing loans to large-scale industries
b) Linking Self-Help Groups with banks for financial assistance
c) Promoting urban development projects
d) Funding healthcare initiatives in rural areas

Answer: b) Linking Self-Help Groups with banks for financial assistance

7. NABARD was set up with the recommendation of which committee?
a) Shome Committee
b) Bhanwala Committee
c) Narasimham Committee
d) Shivaraman Committee

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Answer: d) Shivaraman Committee

8. What is the role of NABARD in the Rural Infrastructure Development Fund (RIDF)?
a) Implementing rural electrification projects
b) Providing financial support for rural infrastructure projects
c) Funding educational initiatives in rural areas
d) Monitoring urban development schemes

Answer: b) Providing financial support for rural infrastructure projects

9. Which of the following is a subsidiary of NABARD focused on microfinance activities?
a) SIDBI
b) NCDEX
c) NHB
d) NABFINS

Answer: d) NABFINS

10. The National Bank for Agriculture and Rural Development operates as a development bank under which act?
a) NABARD Act, 1981
b) RBI Act, 1934
c) Banking Regulation Act, 1949
d) Companies Act, 1956

Answer: a) NABARD Act, 1981

11. What is the minimum age requirement for candidates applying for the NABARD Development Assistant exam?
a) 18 years
b) 20 years
c) 21 years
d) 25 years

Answer: b) 20 years

12. NABARD is responsible for implementing which flagship government scheme related to agriculture?
a) Swachh Bharat Abhiyan
b) Pradhan Mantri Fasal Bima Yojana (PMFBY)
c) Make in India
d) Ayushman Bharat

Answer: b) Pradhan Mantri Fasal Bima Yojana (PMFBY)

13. Which of the following is NOT a function of NABARD?
a) Providing credit for agriculture and rural development
b) Monitoring and evaluating rural development projects
c) Regulating the stock market
d) Facilitating research and development in agriculture

Answer: c) Regulating the stock market

14. In the context of NABARD, what does the term “SHG” stand for?
a) Small Housing Groups
b) Self-Help Groups
c) Sustainable Harvesting Groups
d) Social Health Groups

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Answer: b) Self-Help Groups

15. Which of the following is a priority sector for NABARD’s lending activities?
a) Information Technology
b) Real Estate
c) Education
d) Agriculture

Answer: d) Agriculture

16. What is the primary objective of NABARD’s Rural Innovation Fund?
a) Funding large-scale industrial projects in rural areas
b) Promoting technological innovations in agriculture and rural development
c) Supporting urban infrastructure projects
d) Providing scholarships for rural students

Answer: b) Promoting technological innovations in agriculture and rural development

17. Which of the following schemes is aimed at providing financial support to farmers for the purchase of agricultural machinery and equipment?
a) Pradhan Mantri Jan Dhan Yojana
b) Kisan Credit Card Scheme
c) National Rural Livelihood Mission
d) Farm Mechanization Program

Answer: d) Farm Mechanization Program

18. NABARD’s RIDF supports the development of which types of infrastructure projects in rural areas?
a) Urban transportation
b) Information technology parks
c) Irrigation, roads, and bridges
d) Metro rail projects

Answer: c) Irrigation, roads, and bridges

19. What is the tenure of the NABARD Development Assistant exam?
a) 1 day
b) 1 week
c) 2 weeks
d) 1 month

Answer: c) 2 weeks

20. Which financial institution collaborates with NABARD to implement the SHG Bank Linkage Program?
a) Reserve Bank of India (RBI)
b) State Bank of India (SBI)
c) Industrial Development Bank of India (IDBI)
d) National Housing Bank (NHB)

Answer: b) State Bank of India (SBI)

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