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During which plan was the National Bank for Agriculture and Rural Development (NABARD) established to facilitate the rural credit and agriculture development?
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- Third Five Year Plan
- Fifth Five Year Plan
- Sixth Five Year Plan
- Eighth Five Year plan
Correct Option: C
National Bank for Agriculture and Rural Development (NABARD) is an apex development bank in India having headquarters in Mumbai. It was established on 12 July 1982 in sixth five year plan by a special act by the parliament and its main forces and to uplift rural India by increasing the credit flow for elevation of agriculture and rural non-farm sector
