Question
Regional Rural Banks were established to ensure
adequate credit for agriculture and other rural sectors. RRBs were created under the Regional Rural Banks Act of _____________.Solution
The Regional Rural Banks (RRBs) were established in 1975 under the provisions of the Ordinance promulgated on 26th September 1975 and Regional Rural Banks Act, 1976. RRBs are financial institutions which ensure adequate credit for agriculture and other rural sectors.
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