Question
Consider the following about Regional Rural Bank
Ownership structure. I. It is sponsored, regional based rural lending institutions under Regional Rural Banks Act, 1976. II. They are jointly owned by the Central Government, concerned State Government and Sponsor Banks with the issued capital shared in the proportion of 50%, 15% and 35% respectively. III. RRBs are required to provide 75% of their total credit as priority sector lending(PSL). Which of the above statements is/are correct?Solution
RRBs were set up as government-sponsored, regional based rural lending institutions under Regional Rural Banks Act, 1976. They were set up on the basis of recommendations of Narasimhan Working Group. RRBs are jointly owned by Central Government, concerned State Government and Sponsor Banks with the issued capital shared in the proportion of 50%, 15% and 35% respectively. The RRBs are required to provide 75% of their total credit as priority sector lending(PSL).
Directions: In each question below, word is used in four different ways. Choose the option in which the usage of the word is INCORRECT or INAPPROPRIATE....
In the question below, a sentence is given, four words have been highlighted in bold. Find out if the words are appropriate (grammatically and contextu...
Select the most appropriate antonym of the given word.
MINISCULE
Select the wrongly spelt word.
DUMP
In the following question, a word has been used in sentences in THREE different ways. Choose the option corresponding to the sentences in which the usa...
Direction: In each of the questions given below, four words are given in bold. These four words may or may not be in their correct position. The sente...
CLUTCH
Select the correct synonym of the given word.
Obligatory
Combat
(i) They both reached for their combat suits and weapons.
(ii) Young children have to combat the constant desire to eat chocolate.<...
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