RRB Full Form is Railway Recruitment Control Board
RRB meaning is Railway Recruitment Control Board. It is the organization of the Government of India and it was established in 1998 in the Ministry of Railway of India. Its headquarters is located in New Delhi, the Indian capital. It provides the services to railway regarding Indian Railway Staff Recruitment and Selection. This board also has various types of boards in different cities of India. It has a few objectives which are given below:
- Evaluate RRB performance and advise on priorities if needed.
- Formulating a policy on recruitment procedures.
- Organize systems management systems and systems to oversee the work performed by the RRB.
- Oversee the activities of all RRBs, including recruitment expenses.
RRB Full Form is Railroad Retirement Board
RRB stands for Railroad Retirement Board. It is the independent agency of the United States of America and established in 1935. Its headquarters is located in the William O. Lipinski Federal Building, Chicago, Illinois, United States of America. It operates social security programs that provide retirement benefits to railway workers across the country.
RRB serves American railroaders and his family and manages retirement, survivor, unemployment, and unemployment benefits. As a result, railway workers do not participate in the United States Social Security program. RRB is headquartered in Chicago, Illinois, and has offices statewide. Under the Railway Pension Act, the pension for the elderly and the disabled is paid to railway workers who have served for at least 10 years. This benefit is also paid to employees who have completed 5 years if they are paid after 1995. Payments of retirement pensions on trains are mainly financed by taxes on wages paid by employers and training workers. Since 2002, the Association of Independent Volunteer Relocation Associations which has qualified the Association has invested funds that are not required to pay compensation or administrative costs directly. With respect to the pension plan, the RRB is administratively responsible under the Social Insurance Act for the payment of benefits and protections for Medicare training.
RRB Full Form is Regional Rural Banks
RRB definition is Regional Rural Banks. It is an Indian based schedule commercial bank that was established in 1975. It was established with the aim of serving the rural areas of India mainly through basic banking and financial services. However, RRBs can establish branches of urban activities and their areas of activity include urban areas as well. It offers many products regarding the banking sector like mortgage loans, wealth management, mobile banking, debit cards, UPI, retail banking, corporate banking, investment banking, internet banking, finance, and insurance. The scope of work of RRB is limited to the area designated by the Government of India which covers one or more provinces of the country. RRB also performs a number of functions. RRB performs several functions in this header:
- Implementation of such state measures to increase the salaries of MGNREGA employees, distribute pensions, etc.
- Provision of rural and suburban banking services.
- Small financial bank.
- It offers banking facilities such as safes, debit and credit cards, mobile banking, internet banking, UPI, etc.