Economics • Banking & FinanceEasy
Which institution acts as the regulator for Regional Rural Banks (RRBs) in India?
A. NABARD✓ Correct Answer
B. SEBI
C. SIDBI
D. EXIM Bank
💡 Solution & Explanation
The National Bank for Agriculture and Rural Development serves as the apex regulatory and supervisory institution for Regional Rural Banks and cooperative banks throughout India. Other organizations like the Securities and Exchange Board of India regulate capital markets rather than rural banking networks. NABARD was established in 1982 on the recommendation of the B. Sivaraman Committee.
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