UGC-NET 2024 Question 73: Money, banking and financial markets in India
Consider the following statements regarding Regional Rural Banks (RRBs) in India:
(A) RRBs were set up on the basis of the recommendation of the Narasimham working group, 1975
(B) The largest proportion of the equity of RRBs is held by its sponsor bank
(C) NABARD coordinates all the activities of RRBs
(D) RRBs are lead Banks
(E) RRBs are provided refinance facilities through NABARD
Choose the correct answer from the options given below:
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Money, banking and financial markets in India has come up 106 times in 6 exams since 2010.
What this question tests
This question is on Development finance and rural banking, part of Money, banking and financial markets in India in Indian Economy.
Banks and institutions that serve agriculture, industry and rural areas.
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