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Question

Consider the following statements .
Regional Rural Banks
1 . have limited area of operations .
2 . have free access to liberal refinance facilities with NABARD .
3 . are required to lend only to weaker sections.
Which of the statement given above is / are correct ?

A
1 and 3
B
only 2
C
2 and 3
D
1 and 2
Solution
Verified by Toppr

Correct option is A. 1 and 2

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Similar Questions
Q1
Consider the following statements .
Regional Rural Banks
1 . have limited area of operations .
2 . have free access to liberal refinance facilities with NABARD .
3 . are required to lend only to weaker sections.
Which of the statement given above is / are correct ?
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Q2
Which of the following statements is correct?
Regional Rural Banks in India _____________.
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3. Have free access to liberal financial assistance from NABARD
4. Have a limited area of operation.
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Q3
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Q4
With regards to Scheduled Commercial Banks ,consider the following statements about Regional Rural Banks (RRBs) in India
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