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Who is the sponsor of Regional Rural Banks?
Nationalized commercial bank
Reserve Bank of India
State Govt. of India
Government of India
Correct Option is Nationalized commercial bank
Solution:The Regional Rural Bank were owned by the Central Government ,the State Government and the Sponsor Bank(There were five commercial banks, Punjab National Bank, State Bank of India, Syndicate Bank, United Bank of India and United Commercial Bank, which sponsored the regional rural banks)
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