Current Affairs · Government Policies & Banking
Under the 'One-State-One-RRB' amalgamation policy by the Government of India, what is the core structural objective intended for the regional banks?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1To reduce the size of the banking sector
- 2To privatize RRBs
- 3To consolidate RRBs into a single entity per state✓
- 4To increase the number of RRBs in each state
Correct answer
To consolidate RRBs into a single entity per state
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