Regional rural banks are governed by

1 Answer

Answer :

NABARD

Related questions

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Last Answer : answer:

Description : Regional Rural Banks arc sponsored by (1) Nationalized Commercial Bank (2) Reserve Bank of India (3) State Bank of India (4) Government of India

Last Answer : (1) Nationalized Commercial Bank Explanation: The Narasimham committee conceptualized the foundation of regional rural banks in India. Five regional rural banks were set up on October 2. 1975. There ... Bank. United Bank of India and United Commercial Bank, which sponsored the regional rural banks.

Description : Cosequent upon the recommendations of the Working Group on Rural Banks, 5 Rural Regional Banks were initially set up in the year - (1) 1973 (2) 1974 (3) 1975 (4) 1976

Last Answer : (3) 1975 Explanation: The Government of India set up Regional Rural Banks (RRBs) on October 2, 1975. Initially, five RRBs were set up on October 2, 1975 which were sponsored by Syndicate Bank, ... share being 50% by the central government. 15% by the state government and 35% by the scheduled bank.

Description : The Regional Rural Banks were owned by _________ A. Central Government B. State Government C. Sponsor Banks D. All of the Above

Last Answer : D. All of the Above Explanation: The Regional Rural Banks were owned by the Central Government, the State Government and the Sponsor Bank. Central Government-50% State Government- 15% Sponsor Banks- 35%.

Description : During last five years, which of the following Institutions have extended the largest amount of fresh credit for agriculture in India among all the institutions given in the list ? (A) ... Cooperative Banks (D) Primary Agricultural Credit Societies (E) Regional Rural Banks and Local Area Banks

Last Answer : (E) Regional Rural Banks and Local Area Banks

Description : Refinance facility is provided by NABARD. Which institutins can avail it. (a) Commercial Bank. (b) Regional Rural Banks. © State Cooperative Banks. (d) All of the above.

Last Answer : (d) All of the above.

Description : In India, which bank has the highest share in the disbursement of credit to agriculture and allied activities? a) Cooperative Banks b) Regional Rural Banks c) Commercial Banks d) Microfinance institutions

Last Answer : Answer- c

Description : Regional Rural Banks are sponsored by (1) Nationalised Commercial Bank (2) Reserve Bank of India (3) State Bank of India (4) Government of India

Last Answer :  Nationalised Commercial Bank

Description : Consequent upon the recommendations of the Working Group on Rural Banks, 5 Rural Regional Banks were initially set up in the year (1) 1973 (2) 1974 (3) 1975 (4) 1976

Last Answer : 1975

Description : Money supply is governed by the - (1) Planning Commission (2) Finance Commission (3) Reserve Bank of India (4) Commercial Banks

Last Answer : (3) Reserve Bank of India Explanation: In economics, the money supply or money stock, is the total amount of monetary assets available in an economy at a specific time. It is governed and ... Reserve Bank of India regulates money supply in India through its several policy rates and reserve ratios.

Description : Money supply is governed by the (1) Planning Commission (2) Finance Commission (3) Reserve Bank of India (4) Commercial Banks

Last Answer : Reserve Bank of India

Description : The contribution of central govt. in the capital share of Regional Rural Bank

Last Answer : Ans. 50%

Description : What is the full form of NREGP? a. National Regional Employment Guarantee Programme b. National Rural Entrepreneurship Guarantee Programme c. National Rural Educational Guarantee Programme d. National Rural Employment Guarantee Programme e. None of these

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Description : Which bank enjoys monopoly power of note issue? (a) NABARD. (b) Commercial Bank. © Central Bank. (d) Regional Rural Bank.

Last Answer : © Central Bank.

Description : Why is it necessary that banks and co-operatives increase their lending in rural areas ? Explain. -SST 10th

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Description : Why is it necessary for the banks and cooperative societies to increase their lending facilities in rural areas ? Explain. -SST 10th

Last Answer : Banks and cooperatives should increase lending facilities in rural areas: 1. The informal sector lends at a high-interest rate in rural areas so the cost for the borrower is much more. 2. When the cost ... where the amount to be repaid is more than the borrower's income and he has to borrow more.

Description : Why is it necessary for the banks and cooperative societies to increase their lending facilities in rural areas? Explain. -SST 10th

Last Answer : Most loans from informal lenders carry a very high interest rate and do little to increase the income of the borrowers. Hence, it is necessary that banks and cooperatives increase their lending ... the formal credit is distributed more equally so that the poor can benefit from the cheaper loans.

Description : Why should the banks and cooperatives societies provide more loan facilities to the rural households in India? -SST 10th

Last Answer : The banks and cooperative socities more lian facilties to the rural houshold in india its reason are 1. the formal source of credit is low interest rate to the poor household 2. the poor houshold taking ... to banks 4. the formal source of credit is not discriminated the rich and poor hope it help!

Description : Why is it necessary for banks and cooperatives to increase their lending in rural areas ? -SST 10th

Last Answer : Necessity for the banks and cooperative societies to increase their lending facilities in rural areas : (i) Dependence on informal sources of credit reduces. (ii) To provide more loan facilities ... to increase the lending facilities to improve the livelihood of the people in the rural areas.

Description : Bank rate is that rate on which - (1) Any bank lends money to an individual (2) State Bank of India gives loan to the rural banks (3) Central Bank of Country lends money to the commercial banks (4) Rural bank gives loan to cooperative societies

Last Answer : (3) Central Bank of Country lends money to the commercial banks Explanation: Bank rate, also referred to as the discount rate, is the rate of interest which a central bank charges on the loans and ... reserve bank, while the repo rate is the rate at which the banks borrow from the central bank.

Description : Bank rate is that rate on which– (1) Any bank lends money to an individual (2) State Bank of India gives loan to the rural banks (3) Central Bank of Country lends money to the commercial banks (4) Rural bank gives loan to cooperative societies

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