BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Each of the RRBs covers districts ranging from
A
1 to 15
B
2 to 25
C
3 to 25
D
2 to 15
Explanation: 

Detailed explanation-1: -With a total of 56 RRBs in India, candidates across the country look forward to get recruited in one of these and join the banking sector.

Detailed explanation-2: -The Regional Rural Bank Amendment Act, 2015 enabled these banks to access the capital market outside their current shareholders-the central government, sponsor banks and the respective state governments-which hold shares in each RRB in the ratio of 50:35:15.

Detailed explanation-3: -The services of RRBs are not available in the states of Goa and Sikkim. Madhya Pradesh has second highest number of branches while Nagaland has the least number of branches.

There is 1 question to complete.