Economics · Banking and Financial Institutions
Consider the following statements regarding Regional Rural Banks (RRBs) in India: 1. The shareholding pattern of RRBs among the Central Government, Sponsor Bank, and State Government is 50:35:15, respectively. 2. Regional Rural Banks are regulated by the RBI and supervised by NABARD. 3. The RBI has set a Priority Sector Lending (PSL) target of 75% of total outstanding advances for RRBs. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11, 2 and 3
- 2Only 1 and 3
- 3Only 2 and 3✓
- 4Only 1 and 2
Correct answer
Only 2 and 3
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