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    Question

    The 'One State, One RRB' policy aims

    to:
    A Reduce the number of public sector banks Correct Answer Incorrect Answer
    B Consolidate Regional Rural Banks (RRBs) within each state Correct Answer Incorrect Answer
    C Introduce a new tax system for RRBs Correct Answer Incorrect Answer
    D Privatize RRBs across India Correct Answer Incorrect Answer
    E Establish RRBs in urban centers Correct Answer Incorrect Answer

    Solution

    The 'One State, One RRB' policy focuses on consolidating RRBs to improve efficiency and reduce competition among sponsoring public sector banks. This initiative is set to complete by FY25, aiming to have one RRB per state.

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