Question :
RRBs are owned by :
Option 1:
Central Government
Option 2:
State Government
Option 3:
Sponsor Bank
Option 4: Jointly by all of the above
Answer (1)
21st Jan, 2024
Correct Answer: Jointly by all of the above
Solution : The correct option is Jointly by all of the above.
Regional Rural Banks, or RRBs, are owned by a number of different organizations. A nationalized bank, which owns most of the shares, sponsors them. In addition, the sponsor bank, the concerned State Government, and the Government of India jointly own them.
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