General Knowledge - Indian Economy - Discussion

Discussion :: Indian Economy - Indian Economy (Q.No.39)

39. 

Regional rural banks

  1. have limited area of operation
  2. have free access to liberal refinance facilities from NABARD
  3. are required to lend only to weaker sections

[A]. I, III
[B]. II, III
[C]. I, II, III
[D]. I, II

Answer: Option D

Explanation:

No answer description available for this question.

Nitin said: (Jun 7, 2014)  
What is the concept of Regional rural Banks?

Neeraz said: (Jun 24, 2014)  
Regional banks receive funds from NABARD they fund the beneficiaries of their region irrespective of their status. Requirement for the purpose is pre-requisite.

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