Question

India's first RRB was established in which year and city?

• A. 1975, Moradabad (Uttar Pradesh)
• B. 1982, Mumbai
• C. 1990, Lucknow
• D. 2013, Malappuram

Answer 1

Answer:

A. 1975, Moradabad (Uttar Pradesh)

Regional Rural Banks (RRBs)

• Banks established to provide regional banking services in various states of India.

• Formed on the recommendation of the Narasimha Committee.

• India's first Regional Rural Bank established- Moradabad (Uttar Pradesh)

• Year of establishment of India's first Regional Rural Bank- 1975