The correct answer is National Agriculture Bank and Rural Development. National Bank for Agriculture and Rural Development (NABARD) is a Development Bank with a mandate 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 integrated rural development and securing prosperity of rural areas. National Bank for Agriculture and Rural Development (NABARD) was established on 12 July 1982 by an Act of the Parliament.