2021
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
How many members are there in the expert panel formed by RBI to suggest steps for strengthening and consolidating Primary (Urban) Co-operative Banks (UCBs)?
|
|
8
|
|
|
10
|
|
|
7
|
|
|
9
|
Explanation:
Detailed explanation-1: -The scheduled primary (urban) cooperative banks are required to maintain with the Reserve Bank of India an average daily balance, the amount of which should not be less than 5 per cent of their net demand and time liabilities in India in terms of Section 42 of the Reserve Bank of India Act, 1934.
There is 1 question to complete.