Question : Which of the following sponsors Regional Rural Banks (RRBs)?
Option 1: RBI
Option 2: Foreign banks
Option 3: National commercial banks
Option 4: Co-operative banks
Latest: SSC CGL preparation tips to crack the exam
Don't Miss: SSC CGL complete guide
New: Unlock 10% OFF on PTE Academic. Use Code: 'C360SPL10'
Correct Answer: National commercial banks
Solution : The correct option is National commercial banks .
Regional Rural Banks (RRBs) are collectively owned by the Government of India, the respective state government, and a sponsor bank, which is a nationalised commercial bank. The sponsor bank extends financial aid, technological assistance and expertise to the RRB. The distribution of ownership shares among these entities may differ based on the specific RRB and the terms agreed upon during its establishment.
Candidates can download this ebook to know all about SSC CGL.
Answer Key | Eligibility | Application | Selection Process | Preparation Tips | Result | Admit Card
Question : Which of the following is not a part of the institutional structure of rural banking?
Question : Regional Rural Banks are sponsored by:
Question : Which of the given sectors is largely driven by considerations of social welfare?
Question : Which of the following is also known as the 'lender of the last resort'?
Question : Commercial banks lend to which of the following priority sectors?
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile