43rd B.P.S.C. (Pre) 1999
Regional Rural Banks, also known as Gramin Banks, are classified as-
aIn the form of land development banks
bIn the form of branches of commercial banks
cUnscheduled banks
dScheduled commercial banks✓ Correct
Explanation
Regional Rural Banks (RRBs) were established in 1975 with the objective of developing the rural economy—by providing credit and other facilities in rural areas for the development of agriculture, trade, commerce, industry and other productive activities, especially to small and marginal farmers, agricultural labourers, artisans and small entrepreneurs, and for related and incidental matters. Regional Rural Banks are classified under scheduled commercial banks.
economic-social-development
