Home » Indian Economy » Indian economy miscellaneous » Question

Indian economy miscellaneous

Easy Questions
Moderate Questions
Difficult Questions

Indian Economy

Nature of Indian Economy
National Income in India
Planning in India
Population of India
Natural Resources of India
Infrastructure
Social Sectors
Agriculture
World Economy
Industry
Money
Banking
Public Finance
Foreign Trade
International Organisations
Centre-State Relations
Public Service Commission-1
Election Commission
Goods and Service Tax
Emergency Provisions
Constitutional Amendments
Order of Precedence
Indian economy miscellaneous
  1. RRBs are owned by
    1. Central Government
    2. State Government
    3. Sponsor Bank
    4. Jointly by all of the above
Correct Option: D

RRBs are jointly owned by the Centre, the State Government concerned and sponsor banks, with the issued capital shared in the ratio 50:15:35, respectively. According to the RRB Act, 1976 the authorised capital of each such bank is Rs 5 crore and the issued capital, a maximum of Rs 1 crore.


Your comments will be displayed only after manual approval.