Madhya Pradesh

Regional Rural Banks (RRBs) are financial institutions which ensure adequate credit for agriculture and other rural sectors. Regional Rural Banks were set up on the basis of the recommendations of the Narasimham Working Group (1975), and after the legislations of the Regional Rural Banks Act, 1976. The first Regional Rural Bank "Prathama Grameen Bank" was set up on October 2, 1975.

The equity of a regional rural bank is held by the Central Government, concerned State Government and the Sponsor Bank in the proportion of 50:15:35.

The RRB's have also been brought under the ambit of priority sector lending on par with the commercial banks. "

Here Directive word is not True!!

Territorial Extent of Central and State Legislation

• The Constitution defines the territorial limits of the legislative powers vested in the Centre and the states in the following way:
  • The Parliament can make laws for the whole or any part of the territory of India. The territory of India includes the states, the union territories, and any other area for the time being included in the territory of India.
  • A state legislature can make laws for the whole or any part of the state. The laws made by a state legislature are not applicable outside the state, except when there is a sufficient nexus between the state and the object.
  • The Parliament alone can make 'extra-territorial legislation'. Thus, the laws of the Parliament are also applicable to the Indian citizens and their property in any part of the world.

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Consider the following statements regarding International Criminal Police Organisation;

1. It is a specialised agency of the United Nations for policing operations.
2. CBI is designated as the National Central Bureau of India for the organisation.

Which of the above statements is/are correct?

The leadership at Delhi was nominally in the hands of Bahadur Shah, but the real control was exercised by General Bakht Khan. At Kanpur the revolt was led by Nana Saheb, the adopted son of Baji Rao II, the last Peshwa. Kunwar Singh, a ruined and discontented zamindar of Jagdishpur near Oudh, was the chief organiser of the revolt in Bihar. He fought the British in Bihar. Kunwar Singh sustained a fatal wound in the battle and died on 27 April 1858 at Jagdishpur.