BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is the first Regional Rural Bank of India?
A
AP Grameena vikas Bank
B
Chaitanya Godavari
C
Andhra Pragathi
D
Prathama Bank
Explanation: 

Detailed explanation-1: -Prathama Bank, with head office in Moradabad, Uttar Pradesh was the first RRB.

Detailed explanation-2: -PRATHAMA BANK-THE FIRST REGIONAL RURAL BANK OF THE COUNTRY established in 1975. Ownership of the Bank is vested with the Central Government 50 %, Syndicate Bank 35 % and State Government 15%.

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