RRBs were established with the objective of providing credit and other banking facilities to small and marginal farmers, agricultural labourers, artisans, and small entrepreneurs in rural areas.
In India regional rural banks were established in the year
Asked in UPPSC Upper Mains 2010 · Topic: Money & Banking (Cooperative Banks and Development Financial Institutions (DFIs))
More Economic Development questions
- Which one of the following organisations administers finances of Rural infrastructural Developmet fund.
- Which of the following banks operates mainly in relation to small industries ?
- Industrial Finance Corporation of India works as:
- As on March 2012, the number of Urban Co-operative Banks in India was :
- NABARD came into existence in the year
- Long-term agricultural credit is provided by
- The Government of India has recently acquired the RBI's stake in
- Consider the following financial institution of India: 1. Industrial Finance Corporation of India (IFCI) 2. Industrial Credit and Investment Corporation of India (ICICI) 3. Industrial Development Bank of India (IDBI) 4. National Bank for Agriculture and Rural Development (NABARD) The correct chronological sequence of the establishment of these institutions is