BANKING GENERAL KNOWLEDGE
Question
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Which of the following is the first Regional Rural Bank of India?
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AP Grameena vikas Bank
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Chaitanya Godavari
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Andhra Pragathi
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Prathama Bank
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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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