SSC CGL 2022 PYQ — Question 40

SSC CGL - 20 April 2022 - Shift 2 • General Awareness • Q40

The Regional Rural Banks were established on the recommendations of the ______ on
Rural Credit.
 

Show answer & explanation

Correct answer: B

Explanation

The correct answer is option 2 i.e. Narsimha Committee

  • The Regional Rural Banks were established on the recommendations of the Narsimha Committee on
    Rural Credit on 2 October 1975 during the tenure of Indira Gandhi's government. The purpose was to include rural areas into the economic mainstream since around 70% of the Indian population was rural.