The Regional Rural Banks Act was passed in ........

General Studies (CHSL) Banking Awareness

The Regional Rural Banks Act was passed in __________.

This questions was previously asked in

SSC CHSL 7th June 2022 Shift-2

1976

1956

1986

1966

- The Regional Rural Banks Act was passed in 1976. This act facilitated the establishment of Regional Rural Banks (RRBs) in India.

- RRBs aim to provide financial services to rural areas, especially to small and marginal farmers, agricultural laborers, and rural artisans.

- The option 1956 is incorrect. It was a period emphasizing industrial policy and public sector development in India.

- The option 1986 is incorrect. This year saw economic reforms but not related to the establishment of new banking structures like RRBs.

- The option 1966 is incorrect. This year focused on the Green Revolution and food production.

Therefore, the correct answer is Option 1: 1976.

Submit Error