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    Question

    In the January 2024 circular on bulk deposits, which

    tier of UCBs has a revised bulk deposit threshold set at ₹1 crore?
    A Tier 1 and 2 Correct Answer Incorrect Answer
    B Tier 2 and 3 Correct Answer Incorrect Answer
    C Tier 4 only Correct Answer Incorrect Answer
    D Tier 3 and 4 Correct Answer Incorrect Answer
    E All UCBs Correct Answer Incorrect Answer

    Solution

    The circular "Review of Instructions on Bulk Deposits for Urban Co-operative Banks" specifies that for Tier 3 and 4 UCBs, bulk deposits are defined as ₹1 crore and above.

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