1.

State with reasons whether you agree or disagree with the following statements:RRBs are set up as rural-oriented commercial banks with a low-cost profile of co-operatives.

Answer»

Yes, I do agree with the statement. 

  • RRBs cater to the needs of the rural poor. 
  • RRBs work with the professional decision and modern outlook of commercial banks.
  • They are specialized banks established under RRB Act, 1976. 
  • Thus, we can say RRBs are ruraloriented commercial banks.


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