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NABARD was established on the recommendation of
The correct answer is B. Sivaraman committee. National Bank for Agriculture and Rural Development (NABARD) came into existence on 12 July, 1982, in Mumbai. It was established based on recommendations of the Committee to Review the Arrangements For Institutional Credit for Agriculture and Rural Development (CRAFICARD). The committee was formed under the chairmanship of B. Sivaraman. Rural Infrastructure Development Fund (RIDF) is operated by NABARD.
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