The Regional Rural Banks Act was passed in __________.

1976

The correct answer is Option (1) - 1976

The Regional Rural Banks Act was passed in 1976 with the aim of promoting financial inclusion and rural development in India. This legislation facilitated the establishment of Regional Rural Banks (RRBs) to provide banking services to rural and semi-urban areas. RRBs play a crucial role in extending credit facilities, promoting savings, and fostering economic growth in rural communities.