General Knowledge - Indian Economy - Discussion

Discussion :: Indian Economy - Indian Economy (Q.No.17)

17. 

On July 12, 1982, the ARDC was merged into

[A]. RBI
[B]. NABARD
[C]. EXIM Bank
[D]. None of the above

Answer: Option B

Explanation:

No answer description available for this question.

Subramaniyan said: (Nov 2, 2010)  
National Bank for Agricultural And Rural Development

Sushil said: (Jan 21, 2011)  
What is ARDC?

Suresh said: (Jan 21, 2011)  
ARDC is Agricultural Refinance and Development Corporation.

Raj said: (Jun 7, 2011)  
What is EXIM?

Suresh said: (Jun 7, 2011)  
Export-Import Bank of India is the premier export finance institution of the country, set up in 1982 under the Export-Import Bank of India Act 1981.

Shahbhumesh said: (Sep 21, 2011)  
Can you give some some explanation ?

Kavitha said: (Nov 17, 2011)  
RBI means reserve bank of India. It is not possible to merge with ARDC because ARDC is a agriculture based corporation.

Dinesh Babu said: (Jan 11, 2012)  
What is Nabard please tell me ?

Jitu said: (Jan 12, 2012)  
Please tell me about NABARD and its's function as well.

Anu said: (Feb 1, 2012)  
NABARD is set up as an apex Development Bank with a mandate for facilitating credit flow for promotion and development of agriculture, small-scale industries, cottage and village industries, handicrafts and other rural crafts. It also has the mandate to support all other allied economic activities in rural areas, promote integrated and sustainable rural development and secure prosperity of rural areas.

Functions:

1. Providing refinance to lending institutions in rural areas.

2. Bringing about or promoting institutional development and.

3. Evaluating, monitoring and inspecting the client banks.

Jagdish said: (May 4, 2012)  
What is Dumping ?

Sid said: (Jun 12, 2012)  
What is export finance?

Aruna Patel said: (Jun 21, 2012)  
What is ARDC ?

Ashutosh Singh said: (Jun 24, 2013)  
Dumping means selling a commodity in other country at lower price than in own country.

Raghvendra Singh said: (Sep 16, 2013)  
ARDC is Agriculture refinance and development corporation. And EXPORT finance basically included the fund used or required during export and import of goods and services. Many banking sectors and nbfc's used to involve in such kind of funding's.

Ritu said: (Oct 2, 2013)  
Now I got the explanation of dumping, EXIM, ARDC. Thank you guys.

Vishwanath Hm said: (Dec 22, 2013)  
As many answered it is really true ARDC means agriculture and rural development corporation. And it merged with NABARD as nabard was purely established to take care of agriculture and its allied activities. Now a days nabard is an apex institution in agricultural financing.

Rajkumar G said: (Mar 26, 2014)  
Dumping means any one of the country produce excess use of their utilisation of their domestic consumer. That excess production dumped into another country. Eg. Sri Lanka is one of the major tea producer in the world, and India also one of the major tea producer. But sri lanka excess production of tea its dumped into India and sell less price than compare to Indian tea PRICE.

Sumeet said: (Apr 4, 2014)  
How NABARD and ARDC different in functioning?

Kamlesh said: (May 18, 2017)  
Please tell me, how many bank part of RBI?

Pawan said: (Dec 24, 2017)  
Guys, I think Exim bank was merged.

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