EASY
UPSC CAPF AC Paper - I
IMPORTANT
Earn 100

With reference to RRBs, consider the following statements
1. Regional Rural Banks (RRBs) are the Scheduled Commercial Bank in Indian Banking System.
2. Regional Rural Banks in India are established in the Fifth Five Year Plan.
Which of the statements given above is/are correct?
(a)Only 1
(b)Only 2
(c)Both 1 and 2
(d)Neither 1 nor 2

50% studentsanswered this correctly

Important Questions on Indian Economy
EASY
UPSC CAPF AC Paper - I
IMPORTANT
1. Scheduled Commercial Banks are those which have been included in the First Scheduled of RBI Act, 1934.
2. Non-scheduled Commercial Banks are those which have been included in the Second Scheduled of RBI Act,1934.
Which of the statements given above is/are correct?

EASY
UPSC CAPF AC Paper - I
IMPORTANT

EASY
UPSC CAPF AC Paper - I
IMPORTANT

EASY
UPSC CAPF AC Paper - I
IMPORTANT
1. RRBs are limited to a specific region comprising one or more districts of a State.
2. RRBs grant direct loans and advances only to small and marginal farmers.
3. The lending rate of the RRBs is always less than the prevailing rates of Indian Commercial Banks.
4. RRBs are functioned under the supervision of Security Exchange Board of India.
Which of the statements given above are correct?

EASY
UPSC CAPF AC Paper - I
IMPORTANT

EASY
UPSC CAPF AC Paper - I
IMPORTANT
1. In Indian Commercial Banking System, the number of the Non-scheduled Bank is more than the Scheduled Banks.
2. The Non-Scheduled Banks in Indian Commercial Banking System are even less than a dozen in number.
Which of the statements given above is/are correct?

MEDIUM
UPSC CAPF AC Paper - I
IMPORTANT

EASY
UPSC CAPF AC Paper - I
IMPORTANT
1. The Lead Bank Scheme was started towards the close of 1980.
2. The Lead Bank Scheme was aimed to bring a balanced regional development in the country.
Which of the statements given above is/are correct?
