Multiple choice

RRBs are designed to work on the ideal:

  1. On par with commercial banks but in rural areas

  2. Helping the targetted groups

  3. Keep lending rates lower than the co-operative institutions

  4. Work on innovative and adaptive ideals for gram swaraj.
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Regional Rural Banks (RRBs) were established in 1975 to provide banking services to rural and semi-urban areas, specifically targeting small farmers, agricultural laborers, and artisans. Their primary objective is to serve the weaker sections of society in rural areas. Option B correctly captures this purpose.

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