SarkariPYQ

SSC Stenographer 2022 PYQ — Question 114

SSC Stenographer - 17 Nov 2022 - Shift 1 • General Awareness • Q114

Back to paper

What is the proportion of the Central government’s ownership of capital in Regional Rural Banks?
 

Show answer & explanation

Correct answer: A

Explanation

The correct answer is option 1 i.e. 50%

  • The Central government's ownership of capital in Regional Rural Banks (RRBs) varies, with the central government, state government(s), and sponsor bank(s) collectively holding shares in these banks.
  • RRBs is typically divided as follows:
  • Central Government: 50%
  • State Government(s): 15%
  • Sponsor Bank(s): 35%