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Question : Pratham Bank, the first Regional Rural Bank of India, had its Head Office in which state?

Option 1: Rajasthan

Option 2: Madhya Pradesh

Option 3: Punjab

Option 4: Uttar Pradesh


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Team Careers360 19th Jan, 2024
Answer (1)
Team Careers360 23rd Jan, 2024

Correct Answer: Uttar Pradesh


Solution : The correct option is Uttar Pradesh.

Indian Scheduled Commercial Banks (government banks) that operate at the regional level in several Indian states are known as Regional Rural Banks (RRB). M. Swaminathan is called the father of regional rural banks.

Under the Regional Rural Bank Act of 1975, which was supported by Syndicate Bank, Prathama Bank became the nation's first regional rural bank on October 2, 1975, with its headquarters located in Moradabad.

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