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Consider the following statements about the Regional Rural Banks in India: 1. The area of operation of the RRBs is limited to notified few districts in a State. 2. The combined shareholding of the central government and the sponsor bank cannot be less than 51% in case of RRB Which of the above statements is/are correct?

Correct Answer: Both 1 & 2

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Economic MCQ: Consider the following statements about the Regional Rural Banks in India: 1. The area of operation of the RRBs is limited to notified few districts in a State. 2. The combined shareholding of the central government and the sponsor bank cannot be less than 51% in case of RRB Which of the above statements is/are correct? | Extra Education