Question
Regional Rural Banks were set up on the basis of the
recommendations of the _______ (1975), and after the legislations of the Regional Rural Banks Act, 1976. ?Solution
The Narasimham Working Group (1975) conceptualized the creation of RRBs in 1975 as a new set of regionally oriented rural banks, which would combine the local feel and familiarity of rural problems characteristic of cooperatives with the professionalism and large resource base of commercial banks. Regional Rural Banks (RRBs) were established under the Regional Rural Banks Act, 1976 to create an alternative channel to the cooperative credit structure and to ensure sufficient institutional credit for the rural and agriculture sector.
Which portal was launched by Union Minister Parshottam Rupala for regulatory approval of veterinary products and proposals?
Which state recently enacted legislation to end the century-old Pagdi system?
Jeevan Dhara, a special savings bank account for pensioners, and prospective pensioners has been launched by which bank in which the Interest rate on sa...
According to bilateral labour mobility arrangements between India and Israel, approximately how many Indian workers are expected to move to Israel over ...
Which initiative did the World Bank launch in 2024 to support sustainable agriculture in sub-Saharan Africa?
As of April 28, 2025, what percentage of sugarcane dues for the current season had been paid to farmers?
Which state ranked first in the Fiscal Health Index (FHI) 2026 released by NITI Aayog?
What is the Namo Bharat corridor inaugurated by Prime Minister Modi part of?
Under the Agriculture Infrastructure Fund (AIF), the loan repayment period for PACS constructing godowns was extended from 2+5 years to:
What is the primary objective of the TIARA Credit Card launched by BOBCARD?
