Current Affairs Objective Questions and answers

Regional Rural Banks were established under the President of India Ordinance issued in ………………

(A) 1985
(B) 1990
(C) 1975
(D) 1935
(E) 1955

In which year, the RRB Act was passed with a view to develop the rural economy by providing, for the purpose of development of agriculture, trade, commerce, industry and other productive activities in the rural areas?

(A) 1982
(B) 2015
(C) 1990
(D) 1976 5
(E) 1935

First Regional Rural Bank – Prathama Bank opened on 2 October 1975 in the district of Moradabad in……………

(A) Uttar Pradesh
(B) Karnataka
(C) Andhra Pradesh
(D) Tamilnadu
(E) MP

Central government stake in RRB is …………

(A) 40%
(B) 80%
(C) 50%
(D) 100%
(E) 20%

State government stake in the RRB is …….percent.

(A) 50
(B) 35
(C) 40
(D) 15
(E) 100

Sponsored bank stake in RRB is ……..

(A) 30%
(B) 40%
(C) 100%
(D) 35%
(E) 15%

Financial regulation of RRBs seen after by……

(A) RBI
(B) SEBI
(C) PFRDA
(D) IBRD
(E) ISIHB

Supervisory powers of RRBs have been vested with………

(A) PFRDA
(B) SIDBI
(C) ODA
(D) NABARD
(E) CCI

Find the wrong combination relating to the RRB and its sponsored Bank.

(A) Andhra Pradesh Grameena Vikas Bank -ICICI
(B) Andhra Pragathi Grameena Bank -Syndicate Bank
(C) Telangana Grameena Bank – SBH
(D) Chaitanya Godavari Grameena Bank -Andhra Bank
(E) Saptagiri Grameena Bank – Indian Bank

RBI in 2001 constituted a Committee under the Chairmanship of…….. on ‘Flow of Credit to Agriculture and Related Activities from the Banking System1 which examined relevance of RRBs in the rural credit system and the alternatives for making it viable.

(A) Chakrabarty
(B) Narasimhan
(C) Dr V S Vyas
(D) Rangarajan
(E) Usha Thorat

NRBI mooted for the efficient working of RRBs. NRBI means ……….

(A) National Regional Bank of India
(B) Now Rural Bank of India
(C) National Run Bank of India
(D) National Rural Bank of India
(E) None

RRB Act passed in April 2015 facilitates raising the share capital of RRBs from the Rs. 5 crore to ………..

(A) Rs.500 crore
(B) Rs.400 crore
(C) Rs.2,000 crore
(D) Rs. 100 crore
(E) Rs. 50 crore