Q. Consider the following statements about the Regional Rural Banks in India:
1. The area of operation of the RRBs is limited to notified few districts in a State.
2. The combined shareholding of the central government and the sponsor bank cannot be less than 51% in case of RRB
Which of the above statements is/are correct?
1. The area of operation of the RRBs is limited to notified few districts in a State.
2. The combined shareholding of the central government and the sponsor bank cannot be less than 51% in case of RRB
Which of the above statements is/are correct?
β
Correct Answer: (C)
Both 1 & 2
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