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Question

Regional Rural Bank came into existence in _______.

A
1970
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B
1972
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C
1975
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D
1982
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Solution

The correct option is C 1975
Regional Rural Bank (RRB) was established under the provision of an Ordinance and the RRB Act, 1976. RRBs are the created with the view to cater to rural areas of India with basic banking and financial services. They have banking operations in different states of India.

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