New RBI Grade B 2025 Notification will come Soon! Enroll Here

    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 _____________.
    A 1975 Correct Answer Incorrect Answer
    B 1976 Correct Answer Incorrect Answer
    C 1986 Correct Answer Incorrect Answer
    D 1991 Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    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.

    Practice Next

    Relevant for Exams: