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Question

In 1995 the total number of regional rural banks operating in India were _____.

A
180
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B
186
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C
190
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D
196
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Solution

The correct option is D 196

Regional Rural Banks also known as RRB’s are the banks that are set up for the motto of providing financial assistance to the backward class people who are living in villages of the country. These banks operate under the provisions of the government of india that are designed to support the needs of rural area people. In the year 1995, a total of 196 RRB’s were operating in India that were covering around 425 districts of the country. These banks provide easy locker, debit, and credit card facilities to the rural people.


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