'Regional Rural Banks' (RRBs) were established in 1975 to strictly provide credit to whom?

Correct option is B

The correct answer is (B) Rural people (Small farmers, artisans, laborers)

Explanation:
• RRBs were created based on the recommendations of the Narasimham Committee on Rural Credit.
• Their primary objective is to develop the rural economy by providing credit for agriculture, trade, and small industries.

Information Booster:
• The first RRB, 'Prathama Bank', was established on October 2, 1975.
• The ownership of RRBs is shared: Central Government (50%), Sponsor Bank (35%), and State Government (15%).

Additional Knowledge:
• Corporate Houses (Option A): Are primarily served by Commercial Banks and NBFCs.