Challenger App

No.1 PSC Learning App

1M+ Downloads
Which of the following best describes the sponsor bank's role in an RRB's operations?

AHolding full ownership

BManaging day-to-day operations and governance support

CMerely providing audit services

DOnly conducting inspections

Answer:

B. Managing day-to-day operations and governance support

Read Explanation:

.


Related Questions:

--- is a dead cheque.
What is the minimum Capital Adequacy Ratio (CAR) required for UCBs to be eligible for SFB conversion?
Which of the following does not qualify as a Scheduled Commercial Bank under RBI classification?
Which of the following is a valid example of a Static QR Code?
Headquarters of Asian Development Bank?