New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    The primary function of Regional Rural Banks (RRBs) in

    India is to:
    A Advance loans to weaker sections Correct Answer Incorrect Answer
    B Open branches in urban areas Correct Answer Incorrect Answer
    C Control inflation Correct Answer Incorrect Answer
    D Fund agri-tech startups Correct Answer Incorrect Answer
    E Regulate price markets Correct Answer Incorrect Answer

    Solution

    RRBs were established to provide institutional credit to weaker sections, including small and marginal farmers, at affordable interest rates, thereby promoting financial inclusion.

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