Question:medium

Choose the correct chronological sequence in ascending order (earliest to latest) :
(A) Establishment of NABARD
(B) FRBMA (Fiscal Responsibility and Budget Management Act)
(C) Third Five Year Plan
(D) Nationalization of RBI

Updated On: Apr 2, 2026
  • (A), (B), (C), (D)
  • (A), (C), (B), (D)
  • (D), (A), (B), (C)
  • (D), (C), (A), (B)
Show Solution

The Correct Option is D

Solution and Explanation

The objective is to sequence the provided events chronologically, from earliest to latest. The dates for each event are as follows:

  • (C) Third Five Year Plan: Enacted in India from 1961 to 1966.
  • (D) Nationalization of RBI: The Reserve Bank of India was nationalized on January 1, 1949.
  • (A) Establishment of NABARD: The National Bank for Agriculture and Rural Development (NABARD) was established on July 12, 1982.
  • (B) FRBMA (Fiscal Responsibility and Budget Management Act): The FRBMA was enacted in 2003.

When these dates are ordered from earliest to latest, the sequence is:

  • 1949: Nationalization of RBI
  • 1961-1966: Third Five Year Plan
  • 1982: Establishment of NABARD
  • 2003: FRBMA

Therefore, the correct chronological order of the events is:(D), (C), (A), (B)

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