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Q. 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?

  • (A) 1 Only
  • (B) 2 only
  • (C) Both 1 & 2
  • (D) Neither 1 nor 2
  • Correct Answer - Option(C)
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