What is RBI and NABARD?

Originally NABARD was a Deparment of RBI known Agricurtural Refinance Corporation,then renamed as Agricultural Refinance and Development Corporation and Finally an institution as a Subsidiary (50\% share) named as National Bank for Agriculture and Development (NABARD) as an autonomous institution was created and …

Is RBI and NABARD syllabus same?

The syllabus and exam patterns for RBI Grade B or Nabard are more or less same. Both RBI Grade B and NABARD have three phases as a preliminary exam, mains exam both of which are online tests and a final interview.

What is purpose of nabard?

NABARD, as a Development Bank, is mandated for providing and regulating credit and other facilities for the promotion and development of agriculture, small scale industries, cottage and village industries, handicrafts and other rural crafts and other allied economic activities in rural areas with a view to promoting …

Which is tough nabard or RBI?

Whether it is RBI Grade B or NABARD Grade A both the examinations are considered one of the toughest and most competitive examinations in India. According to most aspirants, the RBI Grade B exam is tougher than the NABARD Grade A exam. The RBI Grade B syllabus and NABARD Grade A Syllabus are almost 60 \% the same.

Which banks are under nabard?

Institutional Development

• Regional Rural Banks (RRBs)
• State Cooperative Banks (StCBs)
• District Central Cooperative Banks (DCCBs)
• Primary Agricultural Credit Societies (PACS)
• State Cooperative Agriculture and Rural Development Banks (SCARDBs)
• Primary Cooperative Agriculture and Rural Development Banks (PCARDBs)

What is nabard refinance?

Short-term Refinance (ST) NABARD provides Co-operative Banks and Regional Rural Banks loans and advances, repayable on demand or on the expiry of fixed periods not exceeding 12 months, by way of refinance for production, marketing and procurement activities.