With reference to RRBs, consider the following statements
1. Regional Rural Banks (RRBs) are the Scheduled Commercial Bank in Indian Banking System.
2. Regional Rural Banks in India are established in the Fifth Five Year Plan.
Which of the statements given above is/are correct?

A) Only 1
B) Only 2

C) Both 1 and 2

D) Neither 1 nor 2

Correct answer:
C) Both 1 and 2


Please provide the error details in above question

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