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Question

The objective of RRB is to provide credit to __________.
(i) small and marginal farmers
(ii) rural artisans
(iii) small entrepreneurs
(iv) agricultural labourers.

A
(ii) and (iii)
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B
(iii) only
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C
(i) and (iv)
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D
(i), (ii), (iii) and (iv)
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Solution

The correct option is D (i), (ii), (iii) and (iv)
The objective of RRB is to provide credit to:
(i) small and marginal farmers
(ii) rural artisans
(iii) small entrepreneurs
(iv) agricultural labourers
Regional Rural Banks (RRBs) operate under the supervision of NABARD.
In order to strengthen the RRBs, following steps were taken:
A) Amalgamation of RRBs was started in 2005B) The number of RRBs was reduced from 196 to 82
Regional Rural Banks have been termed as small man's banks.

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