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Bank Promotion Exam Guide

Banking Awareness | Banking Knowledge | for all Bank Exams

Module: General Practice

Q18: When were Regional Rural Banks (RRBs) established in India, and what is their primary objective?

A
Established in 1965 to promote industrial growth
B
Established in 1976 to facilitate rural credit
C
Established in 1980 to regulate foreign exchange
D
Established in 1990 to enhance urban infrastructure
✅ Correct Answer: B
Established in 1976 to facilitate rural credit.
RRBs were established with the primary objective of ensuring sufficient institutional credit for agriculture, a critical component of the rural Banking Structure in India.