BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Punjab
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Tamil Nadu
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Odisha
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Bihar
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Detailed explanation-1: -History. The first Land Development Bank was started at Jhang in Punjab in 1920.
Detailed explanation-2: -"The All India Cooperative Central Land Mortgage Banks” organized under the leadership of Veteran Cooperator & Gandhian Shri Vaikunth Mehta on 14th-15th February 1959 at Hyderabad.
Detailed explanation-3: -In India the first cooperative land mortgage bank was established in 1920 at.
Detailed explanation-4: -Land Development Banks (LDBs) are also called as Land Mortgage Banks and Agricultural and Rural Development Banks in some states. Land Development Banks-co-operative credit institution provides long-term loans.
Detailed explanation-5: -NABARD (National Bank for Agriculture & Rural Development) NHB (National Housing Bank) IFCI (Industrial Finance Corporation of India) IDBI (Industrial Development Bank of India)