Regional Rural Banks have been set up with the basic objectives of:

Related MCQs

• Regional Rural Banks were set up on the recommendations of:
• …………… banks aims to increase the flow of credit and availability of banking facilities to Rural areas and to the poorer section of the rural population.
• The saving banks, insurance companies, mutual funds and commercial banks are all examples of –
• ………….banks are known as local area banks.
• ……………..are encouraged, both in public and private sectors and they have been permitted to invest overseas.
• In India, Banks are permitted to carry on Hire purchase business
• Commercial banks differ from other businesses in that both their assets and their liabilities are mostly ________.
• Indian Banks Association (IBA) has a common net working system for sharing the ATM facilities in Mumbai, which is known as _________.
• Exchange risk in case of foreign currency Non Resident (Banks) scheme (FCNR) Is borne by_________.
• Investment banks facilitate the sale of securities in the __________.