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Discussion :: Banking Awareness

  1. Which committee recommended the establishment of the RRBs?

    2. A.

     Tarpore Committee
    B.

     Narasimham Committee
    C.

     Karmakar Committee
    D.

     Kelker Committee

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    Answer : Option B

    Explanation :

    Regional Rural Banks (RRBs) were established in 1975 under the provisions of the Ordinance promulgated on the 26th September 1975 and followed by Regional Rural Banks Act, 1976 with a view to develop the rural economy and to create a supplementary channel to the 'Cooperative Credit Structure' with a view to enlarge institutional credit for the rural and agriculture sector.

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