Regional rural banks: 1. have limited area of operation 2. have free access to liberal refinance facilities from NABARD 3. are required to lend only to weaker sections

Related MCQs

• 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: [Asstt Commdt 2011]
• Microfinance is the provision of financial services to people of low-income groups. This includes both the consumers and the self-employed. The service/services rendered under micro-finance is/are: 1. Credit facilities 2. Savings facilities 3. Insurance facilities 4. Fund Transfer facilities Select the correct answer using the codes given below the lists: [CSAT 2011]
• Consequent 'upon the recommendations of the Working Group on Rural Banks, 5 Rural Regional Banks were initially set up in the year [CPO SI 2010]
• Which of the following activities would Small Industries Development Bank of India (SIDBI) undertake under the new rural industrialisation programme? [Bank PO 1994] 1. Consultation in erecting the project 2. Providing marketing assistance and refinance facilities at later stage 3. Running the project during initial stage
• In India, the bank NABARD does not provide refinance to : [CDS 2002]
• In which of the Five Year Plans, preference was given to the weaker sections of the society ?
• Regional Rural Banks are designed to work in which of the following ideals? [IAS 1988]
• Consider the following statements with regard to Statutory liquidity Ratio (SLR) : 1. To meet SLR, commercial banks can use cash only. 2. SLR is maintained by the banks with themselves. 3. SLR restricts the banks' leverage in pumping more money into the economy. Which of the statements given above is/are correct? [CDS 2010]
• Consider the following statements: Regional disparities in India are high and have been rising in recent years because: 1. There is persistent investment over time only in Select locales 2. Some areas are agro climatically less conducive to development 3. Some are as continue to face little or no aqrarian transformation and the consequent lack of social and economic opportunities 4. Some areas have faced continuous political instability. Which of the above statements are correct?
• Disguised unemployment in India is mainly related to : 1. agricultural sector 2. rural area 3. factory sector 4. urban area