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What was the primary objective behind the establishment of Regional Rural Banks (RRBs) in India?a)To provide credit to urban industries at subsidized interest rates.b)To serve the banking needs of urban centers and metropolitan areas.c)To cater to the banking requirements of the rural population and weaker sections at concessional interest rates.d)To exclusively focus on mobilizing urban savings for industrial development.Correct answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about What was the primary objective behind the establishment of Regional Rural Banks (RRBs) in India?a)To provide credit to urban industries at subsidized interest rates.b)To serve the banking needs of urban centers and metropolitan areas.c)To cater to the banking requirements of the rural population and weaker sections at concessional interest rates.d)To exclusively focus on mobilizing urban savings for industrial development.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What was the primary objective behind the establishment of Regional Rural Banks (RRBs) in India?a)To provide credit to urban industries at subsidized interest rates.b)To serve the banking needs of urban centers and metropolitan areas.c)To cater to the banking requirements of the rural population and weaker sections at concessional interest rates.d)To exclusively focus on mobilizing urban savings for industrial development.Correct answer is option 'C'. Can you explain this answer?.

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