law: National Bank for Agriculture and Rural Development Act, 1981 
  2. Definitions.- 
  In this Act, unless the context otherwise
  
  requires,-- 
  a.     
  
    "Agriculture"
  
  includes horticulture, animal husbandry, forestry, dairy and poultry farming,
  
  pisciculture, and other allied activities, whether or not undertaken jointly
  
  with agriculture and the expression "agricultural operations" shall
  
  be construed accordingly.
  Explanation.-For the purposes of this
  
  clause, "pisciculture" includes the development of fisheries, both
  
  inland and marine, catching of fish and all activities connected therewith or
  
  incidental thereto;
  a.    
  
  
  b.    
  
    "Agricultural
  
  Refinance and Development Corporation" means the Corporation established
  
  under section 3 of the Agricultural Refinance and Development Corporation Act,
  
  1963 (10 of 1963), and renamed under section 3A of that Act as the Agricultural
  
  Refinance and Development Corporation;
  c.     
  
    "Board"
  
  means the Board of Directors of the National Bank;
  d.    
  
    "central
  
  co-operative bank" means the principal co- operative society in a district
  
  in a State, the primary object of which is the financing of other co-operative
  
  societies in that district:
  Provided that in addition to such principal
  
  society in a district, or where there is no such principal society in a
  
  district, the State Government may declare any one or more co- operative
  
  societies carrying on the business of financing other co-operative societies in
  
  that district to be also or to be a central co-operative bank or central
  
  co-operative banks within the meaning of this definition;
  a.     
  
  
  b.     
  
  
  c.     
  
  
  d.     
  
  
  e.     
  
    "Chairman"
  
  means the Chairman of the Board appointed under section 6;
  f.     
  
    "co-operative
  
  society" means a society registered, or deemed to be registered, under the
  
  Co-operative Societies Act, 1912 (2 of 1912) or any other law relating to
  
  co-operative societies for the time being in force in any State;
  g.    
  
    "crops"
  
  includes products of agricultural operations;
  h.     
  
    "director"
  
  means a director appointed under section 6;
  i.      
  
    "industry
  
  in the tiny and decentralised sector" means industrial concerns in the
  
  tiny and decentralised sector and "industrial concern in the tiny and
  
  decentralised sector" means an industrial concern in which the investment
  
  in machinery and plant is not in excess of rupees two lakhs or such higher
  
  amount as the Central Government may specify by notification in this behalf
  
  having regard to trends in industrial development and other relevant factors;
  j.      
  
    "Managing
  
  Director" means the Managing Director appointed under section 6;
  k.     
  
    "marketing
  
  of crops" includes the processing of crops prior to marketing by any
  
  agricultural producers or any organisation of such producers;
  l.      
  
    "National
  
  Bank" means the National Bank for Agriculture and Rural Development
  
  established under section 3;
  m.   
  
    "notification"
  
  means a notification published in the Official Gazette;
  n.     
  
    "primary
  
  rural credit society" means a co-operative society, by whatever name
  
  called,-- 
  1.     
  
    which
  
  has as its object or business the provision of financial accommodation to its
  
  members for agriculture or agricultural operations or for the marketing of
  
  crops, or for rural development; and
  2.     
  
    the
  
  bye-laws of which do not permit admission of any other co-operative society as
  
  member: 317 Provided that this sub-clause shall not apply to the admission, as
  
  a member, of a co-operative society, which is a State co-operative bank or a
  
  central co-operative bank by reason of such bank subscribing to the share
  
  capital of the co-operative society out of funds provided by the State
  
  Government for the purpose;
  a.    
  
  
  b.    
  
  
  c.    
  
  
  d.    
  
  
  e.    
  
  
  f.    
  
  
  g.    
  
  
  h.    
  
  
  i.    
  
  
  j.    
  
  
  k.    
  
  
  l.    
  
  
  m.    
  
  
  n.    
  
  
  o.    
  
    "prescribed"
  
  means prescribed by regulations made under this Act;
  p.    
  
    "regional
  
  rural bank" means a regional rural bank established under section 3 of the
  
  Regional Rural Banks Act, 1976; (21 of 1976.)
  q.    
  
    "rural
  
  development" means development of rural areas through any activities
  
  conducive to such development. Explanation.--For the purposes of this clause,--
  
  
  a.     
  
    activities
  
  conducive to development of rural areas include activities relating to
  
  production of goods or provision of services in rural areas and activities for
  
  the promotion of cottage and village industries, industry in the tiny and
  
  decentralised sector and small-scale industry and handicrafts and other rural
  
  crafts;
  b.    
  
    "rural
  
  area" means the area comprised in any village and includes the area
  
  comprised in any town, the population of which does not exceed ten thousand or
  
  such other figure as the Reserve Bank may specify from time to time;
  r.      
  
    "Reserve
  
  Bank" means the Reserve Bank of India constituted under section 3 of the
  
  Reserve Bank of India Act, 1934; (2 of 1934.)
  s.     
  
    "scheduled
  
  bank" means a bank for the time being included in the Second Schedule to
  
  the Reserve Bank of India Act, 1934 (2 of 1934);
  t.      
  
    "small-scale
  
  industry" means industrial concerns in the small scale sector and
  
  "industrial concern in the small scale sector" means an industrial
  
  concern-- (i) in which the investment in machinery and plant is not in excess
  
  of rupees twenty lakhs or such higher amount as the Central Government may specify
  
  by notification in this behalf having regard to trends in industrial
  
  development and other relevant factors, and (ii) which is not an industrial
  
  concern in the tiny and decentralised sector;
  u.     
  
    "State
  
  co-operative bank" means the principal co- operative society in a State,
  
  the primary object of which is the financing of other co-operative societies in
  
  the State:
  Provided that in addition to such principal
  
  society in a State, or where there is no such principal society in a State, the
  
  State Government may declare any one or more co-operative societies carrying on
  
  business in that State to be also or to be a State co-operative bank or State
  
  co-operative banks within the meaning of this definition;
  a.     
  
  
  b.     
  
  
  c.     
  
  
  d.     
  
  
  e.     
  
  
  f.     
  
  
  g.     
  
  
  h.     
  
  
  i.     
  
  
  j.     
  
  
  k.     
  
  
  l.     
  
  
  m.     
  
  
  n.     
  
  
  o.     
  
  
  p.     
  
  
  q.     
  
  
  r.     
  
  
  s.     
  
  
  t.     
  
  
  u.     
  
  
  v.     
  
    "State
  
  land development bank" means the co-operative society which is the
  
  principal land development bank (by whatever name called) in a State and which
  
  has as its primary object the providing of long-term finance for agricultural
  
  development:
  Provided that, in addition to such principal
  
  land development bank in a State, or where there is no such bank in a State,
  
  the State Government may declare any co-operative society carrying on business
  
  in that State and authorised by the bye-laws of such co-operative society to
  
  provide long-term finance for agricultural development to be also or to be a
  
  State land development bank within the meaning of this definition;
  a.    
  
  
  b.    
  
  
  c.    
  
  
  d.    
  
  
  e.    
  
  
  f.    
  
  
  g.    
  
  
  h.    
  
  
  i.    
  
  
  j.    
  
  
  k.    
  
  
  l.    
  
  
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  w.    
  
    words
  
  and expressions used herein and not defined but defined in the Reserve Bank of
  
  India Act, 1934 (2 of 1934), shall have the meanings respectively assigned to
  
  them in that Act;
  x.     
  
    words
  
  and expressions used herein and not defined either in this Act or in the
  
  Reserve Bank of India Act, 1934 (2 of 1934), but defined in the Banking
  
  Regulation Act, 1949 (10 of 1949), shall have the meanings respectively
  
  assigned to them in the Banking Regulation Act, 1949 (10 of 1949).