Multiple choice general knowledge history

Which bank sponsored the first regional rural bank in India by the name Prathama Grameen Bank?

  1. Vijaya Bank

  2. Canara Bank

  3. Syndicate Bank

  4. All of the Above

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Syndicate Bank sponsored Prathama Grameen Bank (meaning 'first' in Hindi), which was India's first regional rural bank established in 1975. The RRB scheme was launched to provide banking services to rural areas, and Prathama Grameen Bank was pioneered by Syndicate Bank. Vijaya Bank and Canara Bank sponsored other RRBs but not the first one.