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
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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.
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Question : Which of the following is not a part of the institutional structure of rural banking?
Option 1: Moneylenders
Option 2: Regional rural banks
Option 3: Commercial banks
Option 4: Cooperative and land development banks
Question : Regional Rural Banks are sponsored by:
Option 1: Nationalised Commercial Bank
Option 2: Reserve Bank of India
Option 3: State Bank of India
Option 4: Government of India
Question : Which of the given sectors is largely driven by considerations of social welfare?
Option 1: Foreign
Option 2: Co-operative
Option 3: Public
Option 4: Private
Question : Which of the following is also known as the 'lender of the last resort'?
Option 1: SEBI
Option 2: RRBs
Option 3: RBI
Option 4: SBI
Question : Commercial banks lend to which of the following priority sectors?
Option 1: Heavy industries
Option 2: Agriculture and small-scale industries
Option 3: Foreign companies
Option 4: State government in an emergency
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