Which of the following is not true of the Regional Rural Banks (RRBs)?

They provide direct loans to small and marginal farmers;

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They are co-sponsored by Reserve Bank of India;

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They also perform other banking operations;

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State Governments are share-holders in RRBs.

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Solution

The correct option is B They are co-sponsored by Reserve Bank of India;
Option: (b)

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Similar questions

Q. With reference to Regional Rural Banks (RRBs), consider the following statements:

Which of the statements given above are correct?

Q. क्षेत्रीय ग्रामीण बैंकों (RRB) के संदर्भ में, निम्नलिखित कथनों पर विचार कीजिएः

इनकी स्थापना नरसिम्हम कार्यकारी समूह की सिफारिशों के आधार पर की गई थी।
क्षेत्रीय ग्रामीण बैंक केवल कृषि और ग्रामीण विकास क्षेत्र को पैसा उधार दे सकते हैं।
क्षेत्रीय ग्रामीण बैंक का उच्चतम हिस्सा (equity) केंद्र सरकार के पास है।

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