Q. Regional Rural Banks are sponsored by whom?
Answer: Nationalised Commercial Bank
Notes: Regional Rural Banks (RRBs) were established under the Regional Rural Banks Act, 1976 as government-sponsored, regionally based rural lending institutions. Each RRB is owned by three entities with their respective shares: the central government (50%); State Government (15%); Sponsor Bank (35%). Each Regional Rural Bank is sponsored by a Public Sector Bank.

This question is part of 40000+ MCQs GKToday PCS Mock Tests Series in GKToday Android app. Question Number: 77 in GKToday PCS Mock Test - 311 in above course in App.