Question

    What is the primary aim of the 'One State, One RRB' policy, set to debut in March 2025?

    A Reduce digital banking initiatives Correct Answer Incorrect Answer
    B Consolidate Regional Rural Banks (RRBs) to improve efficiency Correct Answer Incorrect Answer
    C Increase competition between public sector banks Correct Answer Incorrect Answer
    D Establish new RRBs in metropolitan areas Correct Answer Incorrect Answer
    E Privatize all Regional Rural Banks Correct Answer Incorrect Answer

    Solution

    The 'One State, One RRB' policy aims to consolidate Regional Rural Banks (RRBs) to enhance efficiency and reduce competition among public sector banks.

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