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What was the primary motivation behind the establishment of Regional Rural Banks (RRBs) in India?
  • a)
    To provide specialized banking services to urban areas.
  • b)
    To offer credit facilities exclusively to large corporations.
  • c)
    To ensure sufficient institutional credit for agriculture and rural sectors.
  • d)
    To maximize profits for shareholders.
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
What was the primary motivation behind the establishment of Regional R...
The primary motivation behind the establishment of Regional Rural Banks (RRBs) in India was to ensure sufficient institutional credit for agriculture and rural sectors. RRBs aimed to provide credit facilities to small and marginal farmers, promoting agricultural development and rural economic growth.
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What was the primary motivation behind the establishment of Regional Rural Banks (RRBs) in India?a)To provide specialized banking services to urban areas.b)To offer credit facilities exclusively to large corporations.c)To ensure sufficient institutional credit for agriculture and rural sectors.d)To maximize profits for shareholders.Correct answer is option 'C'. Can you explain this answer?
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What was the primary motivation behind the establishment of Regional Rural Banks (RRBs) in India?a)To provide specialized banking services to urban areas.b)To offer credit facilities exclusively to large corporations.c)To ensure sufficient institutional credit for agriculture and rural sectors.d)To maximize profits for shareholders.Correct answer is option 'C'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What was the primary motivation behind the establishment of Regional Rural Banks (RRBs) in India?a)To provide specialized banking services to urban areas.b)To offer credit facilities exclusively to large corporations.c)To ensure sufficient institutional credit for agriculture and rural sectors.d)To maximize profits for shareholders.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What was the primary motivation behind the establishment of Regional Rural Banks (RRBs) in India?a)To provide specialized banking services to urban areas.b)To offer credit facilities exclusively to large corporations.c)To ensure sufficient institutional credit for agriculture and rural sectors.d)To maximize profits for shareholders.Correct answer is option 'C'. Can you explain this answer?.
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