Question
In which of the following years the regional rural banks
start functioning in India?Solution
Regional Rural Banks are the banks operating at regional level in different States. They serve primarily the rural areas of India with basic banking and financial services. Regional Rural Banks were established under the provisions of an Ordinance passed on 26th September, 1975 and the RRB Act 1976 . The Regional Rural Banks are owned by the Central Government, the State Government and the Sponsor Bank who held shares in the ratios as follows Central Government – 50%, State Government – 15% and Sponsor Banks – 35%.Presently there are 45 RRBs in India.
Exercise Varuna is a collaborative naval exercise between India and which country?
Which of the following bank and Bharti Airtel Limited has started the joint venture name “Airtel Payment Bank
What is the first ATM in India installed by a bank?
Which country recently became the newest member of the European Union?
Which financial regulator imposed a penalty of Rs 31.8 lakh on BNP Paribas?
Where does the Krishna River originate?
Which automobile company became the first in India to launch BS 6 compliant cars?
During the Santhal rebellion, who led an army of 1,000 women?
Recently Election Commission has disqualified 20 MLAs who belong to the legislative assembly of:
What is the unemployment rate in rural areas as per the Periodic Labour Force Survey (PLFS) 202324?
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