UPSC Economics Business and Foreign Trade / व्यापार और विदेश व्यापार Question Bank Money Supply and Indian Financial System

  • question_answer
          Which of the following is not true of the Regional Rural Banks (RRBs)?

    A) They provide direct loans to small and marginal farmers;

    B) They are co-sponsored by Reserve Bank of India;

    C) They also perform other banking operations;

    D) State Governments are share-holders in RRBs.

    Correct Answer: B


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