A new category of scheduled banks came into existence in 1975 as RRBs under the ………
A)regional rural banks ordinance,1975.
B)regional reconstruction banks ordinance,1975.
C)register
D)rural banks ordinance,1975.

Question

Quizplus · Accepted Answer

The correct answer is A) regional rural banks ordinance,1975. Regional Rural Banks (RRBs) were established under the Regional Rural Banks Ordinance in 1975, which was later replaced by the Regional Rural Banks Act, 1976.

A New Category of Scheduled Banks Came into Existence in 1975