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1.

Which Indian States Do Not Have Any Rrb As Of Now?

Answer»

SIKKIM and GOA

Sikkim and Goa
Discussion
2.

How Much Is The Geographical Area Of Operation Of Rrbs?

Answer»

The area of operation of RRBs is limited to the area as notified by Government of India covering ONE or more DISTRICTS in the STATE.

The area of operation of RRBs is limited to the area as notified by Government of India covering one or more districts in the State.
Discussion
3.

Which Entity Exercises Regulatory Control Over Rrbs?

Answer»

NABARD

NABARD
Discussion
4.

What Is The Total Number Of Rrbs In India?

Answer»

As on 31ST MARCH 2015, there are 56 RRBs in India – SOURCE: RBI’s WEBSITE

As on 31st March 2015, there are 56 RRBs in India – Source: RBI’s website
Discussion
5.

What Are The Sources Of Fund For Rrb?

Answer»

Sponsor BANK, SHORT term and medium term loans from NABARD. Other SOURCES are – SIDBI and Client Deposits.

Sponsor Bank, short term and medium term loans from NABARD. Other sources are – SIDBI and Client Deposits.
Discussion
6.

Which Is The Largest Rrb In Terms Of Branch Network, Staff Strength And Area Of Operation?

Answer»

UTTAR BIHAR Gramin Bank, SPONSORED by CENTRAL Bank of INDIA

Uttar Bihar Gramin Bank, Sponsored by Central Bank of India
Discussion
7.

Which Was The First Rrb To Be Established?

Answer»

Prathama BANK sponsored by SYNDICATE Bank. In MORADABAD, Uttar PRADESH

Prathama Bank sponsored by Syndicate Bank. In Moradabad, Uttar Pradesh
Discussion
8.

What Are The Activities That Can Be Conducted By Rrbs?

Answer»
  • GRANTING of loans and advances to SMALL and marginal farmers and agricultural labourers, whether individually or in groups, and to co-operative SOCIETIES, agricultural PROCESSING societies, co-operative farming societies, primarily for agricultural purposes or for agricultural operations and other related purposes.
  • Granting of loans and advances to artisans, small entrepreneurs and persons of small means engaged in trade, commerce and industry or other productive ACTIVITIES within its area of co-operation and
  • Accepting deposits.
Discussion
9.

What Is Ownership Structure Of Rrbs?

Answer»

Central GOVERNMENT-50%, State Government- 15% and Sponsor Banks- 35%.

Central Government-50%, State Government- 15% and Sponsor Banks- 35%.
Discussion
10.

What Was The Primary Objective Behind Setting Up Of Rrbs?

Answer»

To PROVIDE SUFFICIENT banking and credit facility for agriculture and other RURAL sectors and thereby include rural areas into economic mainstream.

To provide sufficient banking and credit facility for agriculture and other rural sectors and thereby include rural areas into economic mainstream.
Discussion
11.

Which Committee Recommended The Setting Up Of Rrbs?

Answer»

The NARASIMHAM WORKING GROUP during the tenure of PM Indira Gandhi’s government.

The Narasimham Working Group during the tenure of PM Indira Gandhi’s government.
Discussion
12.

In Which Year Was The First Rrb Established?

Answer»

YEAR 1975

Year 1975
Discussion