Question

ARRANGE the following type of the banks according to decreasing hierarchy of size and operational range. a)Reserve Bank of India b)Private banks.
c)Rural Sector banks d)Government Nationalised Banks​

Answer 1

Reserve Bank of India

Government Nationalised Banks

Private banks

Rural Sector banks

Answer 2

The correct sequence is - A,D,B,C

• Arrangement of terms involves placing the terms as per their time period correctly, so as to form a meaningful order.
• The given options are various types of banks operating in India.
• The banks according to decreasing hierarchy of size and operational range can be arranged as -

RBI

1. It is the highest regulatory body for the financial system and the central bank of India.
2. Other banks are governed and overseen by the RBI. In terms of size and operating scope, it is the biggest and most powerful bank.

Government Nationalised Banks​

1. These were once privately held banks that the government later decided to nationalise.
2. With branches spread out over the nation, they are big in size and operate across a huge area.

Private Banks

1. These are privately held by people or businesses. While being smaller than the government banks in size, they still offer a broad range of operations.

Rural Sector banks

1. These are dedicated to serving the agricultural and rural segments of the economy with banking services. They have a smaller size and a narrower operating range.

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