Entri Blog
No Result
View All Result
Thursday, March 23, 2023
  • State PSC
    • Kerala PSC
    • TNPSC
    • APPSC
    • TSPSC
    • BPSC
    • Karnataka PSC
    • MPPSC
    • UPPSC
  • Banking
    • IBPS PO Notification
    • IBPS Clerk Notification
    • SBI PO Notification
    • SBI Clerk Notification
    • SBI SO Notification
    • SBI Apprentice Notification
    • Canara Bank PO Notification
    • Indian Bank PO Notification
    • RBI Assistant Notification
    • RBI Office Attendant Notification
    • IBPS RRB Notification
    • IBPS RRB Office Assistant Notification
  • Govt Exams
    • Railway
    • SSC
  • Skilling
    • Coding
    • Spoken English
    • Stock Marketing
  • TET
    • APTET
    • CTET
    • DSSSB
    • Karnataka TET
    • Kerala TET
    • KVS
    • MPTET
    • SUPER TET
    • TNTET
    • TSTET
    • UPTET
  • Courses
    • Data Science Course
      • Data Science Malayalam
    • Full Stack Developer Course
      • Full Stack Development Malayalam
      • Full Stack Development Hindi
      • Full Stack Development Tamil
      • Full Stack Development Telugu
      • Full Stack Development Kannada
    • Stock Market Course
      • Stock Market Course in Malayalam
      • Stock Market Course in Tamil
      • Options Trading Course
    • Spoken English Course
      • Spoken English Course in Malayalam
      • Spoken English Course in Hindi
      • Spoken English Course in Telugu
      • Spoken English Course in Tamil
      • Spoken English Course in Kannada
  • Others
    • GATE
    • MAT
    • KMAT
Free English Quiz: Try Now!
Entri Blog
  • State PSC
    • Kerala PSC
    • TNPSC
    • APPSC
    • TSPSC
    • BPSC
    • Karnataka PSC
    • MPPSC
    • UPPSC
  • Banking
    • IBPS PO Notification
    • IBPS Clerk Notification
    • SBI PO Notification
    • SBI Clerk Notification
    • SBI SO Notification
    • SBI Apprentice Notification
    • Canara Bank PO Notification
    • Indian Bank PO Notification
    • RBI Assistant Notification
    • RBI Office Attendant Notification
    • IBPS RRB Notification
    • IBPS RRB Office Assistant Notification
  • Govt Exams
    • Railway
    • SSC
  • Skilling
    • Coding
    • Spoken English
    • Stock Marketing
  • TET
    • APTET
    • CTET
    • DSSSB
    • Karnataka TET
    • Kerala TET
    • KVS
    • MPTET
    • SUPER TET
    • TNTET
    • TSTET
    • UPTET
  • Courses
    • Data Science Course
      • Data Science Malayalam
    • Full Stack Developer Course
      • Full Stack Development Malayalam
      • Full Stack Development Hindi
      • Full Stack Development Tamil
      • Full Stack Development Telugu
      • Full Stack Development Kannada
    • Stock Market Course
      • Stock Market Course in Malayalam
      • Stock Market Course in Tamil
      • Options Trading Course
    • Spoken English Course
      • Spoken English Course in Malayalam
      • Spoken English Course in Hindi
      • Spoken English Course in Telugu
      • Spoken English Course in Tamil
      • Spoken English Course in Kannada
  • Others
    • GATE
    • MAT
    • KMAT
No Result
View All Result
Entri Blog
English Quiz
banner top article banner top article
Home Articles

What is the Role and Objective of RRB?

by M.Nazan
May 15, 2020
in Articles, Banking
What is the Role and Objective of RRB?
Share on FacebookShare on WhatsAppShare on Telegram

Table of Contents

  • Functions of RRB
  • Short History
  • Organizational Structure
  • Role and Objective of RRB
  • Vacancy
  • Eligibility
  • Exams

RRB stands for Regional Rural Bank. The meaning is pretty simple. Banks that are region-specific and local. They are government banks operating at the regional level in different states of India. Originally set up to provide basic banking facilities to the rural, they have expanded to urban areas too.

Functions of RRB

  • The area of operation is limited to how much the government has allowed. It’s one or more districts in a state
  • They provide banking facilities to rural and semi-urban areas. This is their primary role
  • They carry out government operations like disbursement of wages of MGNREGA (Mahatma Gandhi National Rural Employment Guarantee Act) workers, distribution of pensions and others
  • Providing para-banking facilities like locker facilities, credit and debit cards, net banking, mobile banking, UPI, etc.
  • Small financial banks

Get your help on the exam from the Entri App. Start preparing today!

Short History

RRBs were established under the provisions of an ordinance passed on 26 September 1975 and the RRB act 1976 and the aim was the same as it still is, to provide sufficient and basic banking facilities for agriculture and other rural sectors. The first five Regional Rural Banks were set up on the Gandhi Jayanthi of 1975 (2 October 2975). The government may own them, but private banks also sponsor them in return for 35% of the shares. The first RRB was in Uttar Pradesh and sponsored by Syndicate Bank.

Organizational Structure

The structure varies based on the nature and size of business done. The decision-making hierarchy of officials in an RRB is as follows:

  • Board of Directors
  • Chairman & Managing Director
  • General Manager
  • Assistant General Manager
  • Regional Manager/Chief Manager
  • Senior Manager
  • Manager
  • Officer
  • Office Assistant
  • Office Attendant

Role and Objective of RRB

RRBs play a crucial role in the development of rural regions of India in terms of economics. The main objective/goal of establishing RRBs in India was to provide credit to the rural people who are not economically strong enough especially small farmers, agricultural labourers and artisans. In doing so, they hope to develop agriculture, trade, commerce, industry and other productive activities in different rural areas of India.

Vacancy

Here we have the list of vacancies separated by the posts offered

Posts Vacancies
IBPS RRB Office Assistant (Multipurpose) Vacancy 3688
IBPS RRB Officer Scale -I Vacancy 3352
IBPS RRB Officer Scale-II (Agriculture Officer) Vacancy 106
IBPS RRB Officer Scale-II (Marketing Officer) Vacancy 45
IBPS RRB Officer Scale-II (Treasury Officer) Vacancy 11
IBPS RRB Officer Scale-II (Law) Vacancy 18
IBPS RRB Officer Scale-II (CA) Vacancy 24
IBPS RRB Officer Scale-II (IT) Vacancy 75
Officer Scale-II (General Banking Officer) 893
Officer Scale – III 156
Total 8354

Eligibility

The following is the eligibility criteria for the IBPS RRB exams:

Eligibility Criteria Requirement
Nationality / Citizenship
  • a Citizen of India or a subject of Nepal or
  • a subject of Bhutan or
  • a Tibetan Refugee who came over to India before 1st January 1962 with the intention of permanently settling in India or
  • a person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African countries of Kenya, Uganda, the United Republic of Tanzania (formerly Tanganyika and Zanzibar), Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India, provided that a candidate belonging to categories (ii), (iii), (iv) & (v) above shall be a person in whose favour a certificate of eligibility has been issued by the Government of India.
Age Limit (As on 01.06.2020) For Office Assistant (Multipurpose)– Between 18 years and 28 years i.e., candidates should have not been born earlier than 02.06.1992 and later than 01.06.2002 (both dates inclusive).
For Officer Scale- I (Assistant Manager)– Above 18 years – Below 30 years i.e. candidates should not have been born earlier than 03.06.1990 and later than 31.05.2002 (both dates inclusive).
For Officer Scale-II (Manager)– Above 21 years – Below 32 years i.e. candidates should not have been born earlier than 03.06.1988 and later than 31.05.1999 (both dates inclusive).
For Officer Scale- III (Senior Manager)– Above 21 years – Below 40 years i.e. candidates should not have been born earlier than 03.06.190 and later than 31.05.1999 (both dates inclusive).
Language Proficiency
  • Candidates applying for the posts of Office Assistant in any particular RRB are required to possess proficiency in the local language of the State/ UT in which the RRB is situated to be eligible for interview.

Exams

IBPS RRB exams are held to give employment opportunities to the people and let them work in the various branches of a regional rural bank.

Hope we have filled your curiosity. Stay at home and learn with the Entri app because why waste time on quarantine? It’s free time and it’s wise to utilise it to prepare for exams. Try from our variety of languages and courses to learn in what way is best for you. Keep learning, stay home and have a nice day! 🙂

Share115SendShare
M.Nazan

M.Nazan

Related Posts

Top 100 Angular Interview Questions and Answers 2023
Articles

Top 100 Angular Interview Questions and Answers 2023

March 23, 2023
Top 100 SQL query Interview Questions and Answers for 2023
Articles

Top 100 SQL query Interview Questions and Answers for 2023

March 23, 2023
Indian Air Force Agniveer Vayu Selection Process 2023: Details Here
Articles

Indian Air Force Agniveer Vayu Selection Process 2023: Details Here

March 23, 2023
Next Post
States and Dance Forms

List of States and their Dance Form

Discussion about this post

Latest Posts

  • Top 100 Angular Interview Questions and Answers 2023
  • Top 100 SQL query Interview Questions and Answers for 2023
  • Indian Air Force Agniveer Vayu Selection Process 2023: Details Here
  • How to Write a Speech – Format
  • Auxiliary Verbs: Usage and Examples

Trending Posts

  • states of india and their capitals and languages

    List of 28 States of India and their Capitals and Languages 2023 – PDF Download

    150261 shares
    Share 60102 Tweet 37564
  • List of Government Banks in India 2023: All you need to know

    61860 shares
    Share 24744 Tweet 15465
  • TNPSC Group 2 Posts and Salary Details 2022

    39693 shares
    Share 15877 Tweet 9923
  • KSDA Recruitment 2023 Apply Online for 9264 FDA SDA Posts – Qualification

    2076 shares
    Share 830 Tweet 519
  • New Map of India with States and Capitals 2023

    28793 shares
    Share 11517 Tweet 7198

Courses

  • Data Science Course
  • Full Stack Developer Course
  • Data Science Course in Malayalam
  • Full Stack Developer Course in Malayalam
  • Full Stack Developer Course in Hindi
  • Full Stack Developer Course in Tamil
  • Full Stack Developer Course in Telugu
  • Full Stack Developer Course in Kannada

Company

  • Become a teacher
  • Login to Entri Web

Quick Links

  • Articles
  • Videos
  • Entri Daily Quiz Practice
  • Current Affairs & GK
  • News Capsule – eBook
  • Preparation Tips
  • Kerala PSC Gold
  • Entri Skilling

Popular Exam

  • IBPS Exam
  • SBI Exam
  • Railway RRB Exam
  • Kerala PSC
  • Tamil Nadu PSC
  • Telangana PSC
  • Andhra Pradesh PSC
  • MPPSC
  • UPPSC
  • Karnataka PSC
  • Staff Selection Commission Exam

© 2021 Entri.app - Privacy Policy | Terms of Service

No Result
View All Result
  • State PSC
    • Kerala PSC
    • TNPSC
    • APPSC
    • TSPSC
    • BPSC
    • Karnataka PSC
    • MPPSC
    • UPPSC
  • Banking
    • IBPS PO Notification
    • IBPS Clerk Notification
    • SBI PO Notification
    • SBI Clerk Notification
    • SBI SO Notification
    • SBI Apprentice Notification
    • Canara Bank PO Notification
    • Indian Bank PO Notification
    • RBI Assistant Notification
    • RBI Office Attendant Notification
    • IBPS RRB Notification
    • IBPS RRB Office Assistant Notification
  • Govt Exams
    • Railway
    • SSC
  • Skilling
    • Coding
    • Spoken English
    • Stock Marketing
  • TET
    • APTET
    • CTET
    • DSSSB
    • Karnataka TET
    • Kerala TET
    • KVS
    • MPTET
    • SUPER TET
    • TNTET
    • TSTET
    • UPTET
  • Courses
    • Data Science Course
      • Data Science Malayalam
    • Full Stack Developer Course
      • Full Stack Development Malayalam
      • Full Stack Development Hindi
      • Full Stack Development Tamil
      • Full Stack Development Telugu
      • Full Stack Development Kannada
    • Stock Market Course
      • Stock Market Course in Malayalam
      • Stock Market Course in Tamil
      • Options Trading Course
    • Spoken English Course
      • Spoken English Course in Malayalam
      • Spoken English Course in Hindi
      • Spoken English Course in Telugu
      • Spoken English Course in Tamil
      • Spoken English Course in Kannada
  • Others
    • GATE
    • MAT
    • KMAT

© 2021 Entri.app - Privacy Policy | Terms of Service