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  9. Q5

NABARD Grade A (Assistant Manager) 2015 · Question 5 of 70

What is the full form of CAFRAL in financial world?

  1. ACouncil for Advanced Financial Research and Learning
  2. BCentre for Advanced Financial Research and LearningCorrect
  3. COther than those given as options
  4. DCouncil for Advanced Financial Reporting and Learning
  5. ECentre for Advanced Financial Research in Logistics

Answer: B. Centre for Advanced Financial Research and Learning

Explanation

(2) CAFRAL stands for Centre for Advanced Financial Research and Learning. A not-for-profit organisation; it is an independent body fully funded by the Reserve Bank of India. CAFRAL became operational in January 2011 with Usha Thorat as its Director.

Source: NABARD Grade A officer exam March 2015 solved previous year question paper (educationobserver.com forum attachment; Kiran 'Model Solved Paper', based on memory) · memory-based

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