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Which bank started the first RRB named Prathama Grameen Bank?

  • A.Punjab National Bank
  • B.State Bank of India
  • C.Syndicate Bank
  • D.United Bank of India

Answer: C

Correct answer: Syndicate Bank

Prathama Bank, the first regional rural bank, was set up on 2 October 1975 at Moradabad with Syndicate Bank as its sponsor. RRBs were created to bring institutional credit within reach of small and marginal farmers and rural artisans.

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