Question
Under which of the following schemes, the UCBs can provide finance directly to the slum dwellers?
Direction (18 to 21)- Read the following information to answer the questions below: The role of primary (urban) co-operative banks (UCBs) in providing housing finance has been reviewed from time to time. These banks, with their vast network, occupy a very strategic position in the financial system and have an important role to play in providing credit to the housing sector. Further, housing finance to specified categories up to prescribed limits is treated as priority sector lending, and the need for UCBs providing credit to priority sector has come to be increasingly recognised consistent with the social objectives placed before the banking system. Therefore, with a view to enabling the UCBs to play a more positive role in providing finance for housing schemes, particularly to the weaker sections of the community, these banks are permitted to grant loans for housing schemes up to certain limits from their own resources subject to the guidelines detailed hereunder.
More Banking System in India Questions
- Section 45ZA in BANKING REGULATION ACT 1949 deals with?
- Which statement about Sovereign Gold Bonds (SGBs) is incorrect?
- Which of the following Statement is correct with respect to cash and cash equivalents?
- Moneys held by Government in trust are kept in the Public Account. The Public Account draws its existence from which of the following article of the Consti...
- What is the maximum period for which the Central Government may supersede the Authority under IFSCA Act?
- Which among the following is the correct formula for value of right under the rights issue?
- What is forfeiting in the context of international trade?
- Which of the following is/are the eligibilities to participate in the Pradhan Mantri Shram Yogi Maan-Dhan Yojana? I- The workers in the age group of 18 to ...
- Which of the following is not a feature of the cellular manufacturing?
- PM SVANidhi allows street vendors to avail an initial loan of ___________.
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)