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Question

In which year did the Government of India start the establishment of Regional Rural Banks?

The correct answer is

1975

Regional Rural Banks (RRBs) were established in 1975 to provide credit and banking facilities to rural areas, with a focus on small farmers and rural artisans.

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Important Questions from Banking Related Schemes

  1. Which of the following sponsored 'Ubharte Sitaare Fund', in August 2021?

  2. Which of the following committees was constituted to study the issues and concerns in the Micro Finance Institution in 2010?

  3. A recent bank merger that has been announced includes Vijaya Bank, Dena Bank, and ______

  4. Which of the following does not provide direct credit assistance to rural households?

  5. Which bank struggled to address the issue of capitalisation and subsequently Reserve Bank of India took over its management in 2020?

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