11. Regional Rural Banks (RRBs) are classified as
1) Scheduled commercial banks
2) Subsidiaries of the sponsor banks
3) Subsidiaries of NABARD
4) All of the above
5) None of the above
12. Regional rural banks are working in all the states of India except
1) Sikkim
2) Jammu and Kashmir
3) Goa
4) Sikkim and Goa
5) Assam
13. By virtue of the amendment carried out by the Regional Rural Bank (Amendment) Act, 1987, the Chairman of a Regional Rural Bank (RRB) is to be appointed by
1) Central Government
2) State Government
3) Sponsor bank in consultation with NABARD
4) Reserve Bank of India
5) None of the above
14. Out of total priority sector advances of RRBs, atleast ____ should be advanced to weaker sections.
1) 25%
2) 50%
3) 60%
4) 75%
5) 90%
15. The main resources of RRBs are
1) Share capital
2) Deposit from the public
3) Borrowing from sponsor banks
4) Refinance from NABARD
5) All of the above