GENERAL KNOWLEDGE

GK

IMPORTANT ACTS OF THE PARLIAMENT OF INDIA

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Regional Rural Banks Act____
A
1975
B
1976
C
1977
D
1978
Explanation: 

Detailed explanation-1: -Regional Rural Banks (RRBs) were set up under the terms of the 26 September 1975 ordinance and the RRB Act of 1976. First Regional Rural Bank was established on 2 October 1975. The Prathama Bank of Moradabad, Uttar Pradesh was the first RRB.

Detailed explanation-2: –(1) This Act may be called the Regional Rural Banks Act, 1976. 3. Establishment and incorporation of Regional Rural Banks.

Detailed explanation-3: –(1) This Act may be called the Regional Rural Banks Act, 1976. (2) It extends to the whole of India. (3) It shall be deemed to have come into force on the 26th day of September, 1975. Establishment and incorporation of Regional Rural Banks.

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