Examveda
Examveda

Which committee recommended the establishment of the RRBs?

A. Tarpore Committee

B. Narasimham Committee

C. Karmakar Committee

D. Kelker Committee

Answer: Option B

Solution(By Examveda Team)

Regional Rural Banks (RRBs) were established in 1975 under the provisions of the Ordinance promulgated on the 26th September 1975 and followed by Regional Rural Banks Act, 1976 with a view to develop the rural economy and to create a supplementary channel to the 'Cooperative Credit Structure' with a view to enlarge institutional credit for the rural and agriculture sector.

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