RRB NTPC GK Questions 2026

A Regional Rural Bank must lend seventy five per cent of its total outstanding advances to the priority sector, a far higher share than other banks carry, because these banks exist to serve small and marginal farmers, agricultural labourers, artisans and small entrepreneurs.

The Ninety seventh Constitutional Amendment Act of 2011 inserted Article 43B in the Directive Principles, asking the State to promote the voluntary formation, autonomous functioning, democratic control and professional management of cooperative societies.

It ended the loose half of the old dual control by placing all urban cooperative banks and multi state cooperative banks squarely under the supervision of the Reserve Bank, giving the Bank powers over their boards, their capital raising and their amalgamation, after a series of failures had hurt depositors.

The correct answer is B, Anyonya Cooperative Bank of Vadodara in Gujarat, begun in 1889 as a mutual aid society among government servants and generally counted as the first urban cooperative bank in India, older even than the Cooperative Credit Societies Act of 1904.

In the short term cooperative credit structure the base is the Primary Agricultural Credit Society in the village, above it stands the District Central Cooperative Bank and at the apex of the state stands the State Cooperative Bank.

The correct answer is B, the Narasimham Working Group of 1975, which proposed a new kind of rural institution combining the local feel of a cooperative with the discipline of a commercial bank, and the first Regional Rural Banks followed on 2 October of that year.

Prathama Bank, with its head office at Moradabad in Uttar Pradesh and sponsored by Syndicate Bank, was the first of the five Regional Rural Banks set up on 2 October 1975, and its name, meaning the first, is itself the hint.

The capital of a Regional Rural Bank is shared in the ratio of fifty, thirty five and fifteen: the Central Government holds fifty per cent, the sponsor bank thirty five per cent and the State Government fifteen per cent.

The first five Regional Rural Banks were created on 2 October 1975 by an Ordinance, and that Ordinance was replaced the next year by the Regional Rural Banks Act, 1976, which fixes their objects, capital and shareholding.

The National Bank for Agriculture and Rural Development began work in 1982, set up on the recommendation of the Sivaraman Committee, and it is the apex development bank for agriculture and the rural economy, refinancing and supervising both Regional Rural Banks and cooperative banks.

The Rajiv Gandhi Sadbhavana Award, instituted in 1992 by the Indian National Congress, is presented on 20 August, the birth anniversary of Rajiv Gandhi, which is observed as Sadbhavana Diwas, and it recognises outstanding contribution to communal harmony, peace and goodwill.

The Jawaharlal Nehru Award for International Understanding was instituted by the Government of India in 1965 and administered by the Indian Council for Cultural Relations, and its first recipient in that same year was U Thant of Burma, then Secretary General of the United Nations.

Kabir Puraskar was instituted in 1990 by the Ministry of Home Affairs to honour ordinary citizens who show physical or moral courage in saving the lives and property of members of another community, especially during communal disturbance.

The Gandhi Peace Prize carries one crore rupees in cash, together with a citation, a plaque and a piece of traditional handicraft or handloom, and the money may be paid in any convertible currency because the prize is open to citizens of every country.

The Sardar Patel National Unity Award is announced on 31 October, the birth anniversary of Sardar Vallabhbhai Patel, which is observed as Rashtriya Ekta Diwas or National Unity Day.

The Gandhi Peace Prize is administered by the Ministry of Culture, which issues the notification and arranges the ceremony, although the selection rests with a jury chaired by the Prime Minister.

The Gandhi Peace Prize for 2014 was conferred on the Indian Space Research Organisation, and it is asked often because a space agency looks out of place among peace awards; the citation recognised the use of space technology for the welfare of ordinary people.

The first Gandhi Peace Prize, for 1995, went to Julius Nyerere, the first President of Tanzania, who was known for his belief in self reliance and non violent nation building.

The jury for the Gandhi Peace Prize is chaired by the Prime Minister, and its other members are the Chief Justice of India, the Leader of the single largest Opposition party in the Lok Sabha and two eminent persons.

The Government of India instituted the International Gandhi Peace Prize in 1995, the year of the 125th birth anniversary of Mahatma Gandhi, as an annual award for social, economic and political transformation achieved through non violence and other Gandhian methods.