Q381
Which committee recommended the establishment of the RRBs?
A.
Tarpore Committee
B.
Narasimham Committee
AnswerC.
Karmakar Committee
D.
Kelker Committee
Answer: Option B
Solution
Answer: Option B
Solution:
Regional Rural Banks (RRBs) were established in 1975 under the provisions of the Ordinance promulgated on the 26th September 1975 and followed by Regional Rural Banks Act, 1976 with a view to develop the rural economy and to create a supplementary channel to the 'Cooperative Credit Structure' with a view to enlarge institutional credit for the rural and agriculture sector.