Multiple Choice Questions on Regional rural banks 1 Can be owned by Central or State governments 2 ........... for UPSC Civil Services Examination (General Studies) Preparation

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Multiple Choice Questions

Regional rural banks 1 Can be owned by Central or State governments 2 ...........

Economic Affairs Types of Banks and Banking
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    Regional rural banks

    1.    Can be owned by Central or State governments

    2.    Have access to refinance facilities from NABARD

    3.    Are managed by RBI

    Which of the statements mentioned above is correct?

    1 and 2

    Correct Answer

    2 and 3

    Incorrect Answer

    1 and 3   

    Incorrect Answer

    1, 2 and 3

    Incorrect Answer
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    Explanation:

    3rd statement is incorrect because Regional Rural banks are managed by NABARD.

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