The Central Government has amalgamated three Regional Rural Banks - Punjab Gramin Bank, Malwa Gramin Bank and Sutlej Gramin Bank into a single RRB with effect from.
1st January 2019
The correct answer is option 2. The Central Government amalgamated three Regional Rural Banks into a single RRB with effect from 1st January 2019.
Similar Questions
Which of the following statement is the objective(s) of setting up of Regional rural banks?
(i) development of agriculture, trade and other productive activities in rural area
(ii) provide credit and other facilities to the small and marginal farmers and small entrepreneurs.
Important Questions from RRBs & NABARD
What was the main focus of the review meeting of the Regional Rural Banks (RRBs) in New Delhi in August 2024?
NABARD is an apex finance institution set up by the Indian Government in 1982. What does 'R' in NABARD stand for?
The National Bank for Agriculture and Rural Development (NABARD) was established in:
NABARD sanctioned a loan assistance of Rs. 1350 crore to Rajasthan under the ‘RIDF’. What does ‘R’ stand for in ‘RIDF’?
______ came into existence on 12 July 1982 by transferring the agricultural credit functions of RBI and refinance functions of the then Agricultural Refinance and Development Corporation.
