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Consider the following statements.1. Regional Rural Banks (RRBs) were formed by an act of parliament, with an objective to provide credit and other facilities to small farmers, agricultural labourers, and artisans in rural areas.2. As per RBI guidelines, the RRBs have to provide 90 per cent of their total credit under priority sector lending.3. Co-operative Banks contributed the major share in agricultural and allied credit in India.Which of the above statements is/are incorrect?a) 1 and 2 onlyb) 2 onlyc) 1 and 3 onlyd) 2 and 3 onlyCorrect answer is option 'D'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements.1. Regional Rural Banks (RRBs) were formed by an act of parliament, with an objective to provide credit and other facilities to small farmers, agricultural labourers, and artisans in rural areas.2. As per RBI guidelines, the RRBs have to provide 90 per cent of their total credit under priority sector lending.3. Co-operative Banks contributed the major share in agricultural and allied credit in India.Which of the above statements is/are incorrect?a) 1 and 2 onlyb) 2 onlyc) 1 and 3 onlyd) 2 and 3 onlyCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements.1. Regional Rural Banks (RRBs) were formed by an act of parliament, with an objective to provide credit and other facilities to small farmers, agricultural labourers, and artisans in rural areas.2. As per RBI guidelines, the RRBs have to provide 90 per cent of their total credit under priority sector lending.3. Co-operative Banks contributed the major share in agricultural and allied credit in India.Which of the above statements is/are incorrect?a) 1 and 2 onlyb) 2 onlyc) 1 and 3 onlyd) 2 and 3 onlyCorrect answer is option 'D'. Can you explain this answer?.

Solutions for Consider the following statements.1. Regional Rural Banks (RRBs) were formed by an act of parliament, with an objective to provide credit and other facilities to small farmers, agricultural labourers, and artisans in rural areas.2. As per RBI guidelines, the RRBs have to provide 90 per cent of their total credit under priority sector lending.3. Co-operative Banks contributed the major share in agricultural and allied credit in India.Which of the above statements is/are incorrect?a) 1 and 2 onlyb) 2 onlyc) 1 and 3 onlyd) 2 and 3 onlyCorrect answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.

Here you can find the meaning of Consider the following statements.1. Regional Rural Banks (RRBs) were formed by an act of parliament, with an objective to provide credit and other facilities to small farmers, agricultural labourers, and artisans in rural areas.2. As per RBI guidelines, the RRBs have to provide 90 per cent of their total credit under priority sector lending.3. Co-operative Banks contributed the major share in agricultural and allied credit in India.Which of the above statements is/are incorrect?a) 1 and 2 onlyb) 2 onlyc) 1 and 3 onlyd) 2 and 3 onlyCorrect answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Consider the following statements.1. Regional Rural Banks (RRBs) were formed by an act of parliament, with an objective to provide credit and other facilities to small farmers, agricultural labourers, and artisans in rural areas.2. As per RBI guidelines, the RRBs have to provide 90 per cent of their total credit under priority sector lending.3. Co-operative Banks contributed the major share in agricultural and allied credit in India.Which of the above statements is/are incorrect?a) 1 and 2 onlyb) 2 onlyc) 1 and 3 onlyd) 2 and 3 onlyCorrect answer is option 'D'. Can you explain this answer?, a detailed solution for Consider the following statements.1. Regional Rural Banks (RRBs) were formed by an act of parliament, with an objective to provide credit and other facilities to small farmers, agricultural labourers, and artisans in rural areas.2. As per RBI guidelines, the RRBs have to provide 90 per cent of their total credit under priority sector lending.3. Co-operative Banks contributed the major share in agricultural and allied credit in India.Which of the above statements is/are incorrect?a) 1 and 2 onlyb) 2 onlyc) 1 and 3 onlyd) 2 and 3 onlyCorrect answer is option 'D'. Can you explain this answer? has been provided alongside types of Consider the following statements.1. Regional Rural Banks (RRBs) were formed by an act of parliament, with an objective to provide credit and other facilities to small farmers, agricultural labourers, and artisans in rural areas.2. As per RBI guidelines, the RRBs have to provide 90 per cent of their total credit under priority sector lending.3. Co-operative Banks contributed the major share in agricultural and allied credit in India.Which of the above statements is/are incorrect?a) 1 and 2 onlyb) 2 onlyc) 1 and 3 onlyd) 2 and 3 onlyCorrect answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Consider the following statements.1. Regional Rural Banks (RRBs) were formed by an act of parliament, with an objective to provide credit and other facilities to small farmers, agricultural labourers, and artisans in rural areas.2. As per RBI guidelines, the RRBs have to provide 90 per cent of their total credit under priority sector lending.3. Co-operative Banks contributed the major share in agricultural and allied credit in India.Which of the above statements is/are incorrect?a) 1 and 2 onlyb) 2 onlyc) 1 and 3 onlyd) 2 and 3 onlyCorrect answer is option 'D'. Can you explain this answer? tests, examples and also practice UPSC tests.