New SEBI Grade A IT Stream New Batch Starts on Nov 30. Click Here to Enroll

    Register

    Question

    Which of the following Bank is not the Sponsor Bank of RRB’s?

    A Punjab National bank Correct Answer Incorrect Answer
    B United Bank of India Correct Answer Incorrect Answer
    C Syndicate Bank Correct Answer Incorrect Answer
    D Central Bank of India Correct Answer Incorrect Answer
    E United Commercial Bank Correct Answer Incorrect Answer

    Solution

    The Regional Rural Banks were owned by the Central Government, the State Government and the Sponsor Bank. There were Five Commercial Banks – State Bank of India, Punjab National Bank, Syndicate Bank, United Bank of India and UCO Bank which sponsored RRB’s. (Some data is missing in question or wrong answer is marked. Because Central bank of india is sponsor of Uttar Bihar Gramin Bank and Satpuda MP gramin bank.)

    Practice Next