Question : Pratham Bank, the first Regional Rural Bank of India, had its Head Office in which state?
Option 1: Rajasthan
Option 2: Madhya Pradesh
Option 3: Punjab
Option 4: Uttar Pradesh
Correct Answer: Uttar Pradesh
Solution : The correct option is Uttar Pradesh .
Indian Scheduled Commercial Banks (government banks) that operate at the regional level in several Indian states are known as Regional Rural Banks (RRB). M. Swaminathan is called the father of regional rural banks.
Under the Regional Rural Bank Act of 1975, which was supported by Syndicate Bank, Prathama Bank became the nation's first regional rural bank on October 2, 1975, with its headquarters located in Moradabad.
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