Which of the following statements regarding Regional Rural Banks (RRB) in India is/are correct ? 1. The basic aim of setting up the RRBs is to develop rural economy. 2. The area of RRBs is limited to a specific region comprising one or more districts. 3.

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Q: 43 (CAPF/2011)

Which of the following statements regarding Regional Rural Banks (RRB) in India is/are correct ?
1. The basic aim of setting up the RRBs is to develop rural economy.
2. The area of RRBs is limited to a specific region comprising one or more districts.
3. RRBs are sponsored by Commercial Banks.
Select the correct answer using the code given below :
AnyChart Trial Version

question_subject: 

Economics

question_exam: 

CAPF

stats: 

0,60,46,11,30,5,60

keywords: 

{'regional rural banks': [0, 0, 2, 1], 'rrb': [0, 0, 0, 1], 'rrbs': [0, 1, 0, 1], 'commercial banks': [0, 0, 1, 1], 'rural economy': [0, 0, 0, 1], 'specific region': [0, 0, 0, 1], 'india': [8, 1, 7, 13], 'area': [0, 0, 0, 1], 'more districts': [0, 0, 1, 1]}