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InterviewSolution
| 1. |
The Union Cabinet approved the recapitalization of regional rural banks. The Scheme of Recapitalization of RRBs was launched in which year? |
| Answer» The Union Cabinet under the chairmanship of PM Modi on March 25, 2020, approved the recapitalization of regional rural banks (RRB) to improve the capital to risk weighted assets ratio. The Scheme of Recapitalization of RRBs was launched in 2011. It was launched on the recommendation of Dr K C Chakrabarty Committee. | |