Question
Which cooperative bank's license was recently revoked by
the Reserve Bank of India due to insufficient capital and earnings prospects, leading to its closure in July 2024?Solution
The RBI cancelled the license of Uravakonda Cooperative Town Bank, citing inadequate capital and earning prospects. This decision required the bank to cease operations effectively, ensuring depositor protection through the DICGC.
The RBI recently allowed non-residents holding Special Rupee Vostro Accounts (SRVAs) to invest surplus rupee balances in which instrument?Ā
Which of the following minsitry of India is participating in the 41st Sharjah International Book Fair, one of the most acclaimed book fairs of the world?
What is the focus of the 'Prashasan Gaon Ki Ore' campaign launched during Good Governance Week 2024?
What was the 2025 theme for World Science Day for Peace and Development?Ā
Who has been appointed the first Indian Managing Director of Nippon Koei India (NKI)?Ā
Which U.S. state introduced the first āclimate impact feeā effective from January 2026?
āRani ki Vavā motif is present on which currency note?
How many new oil jetties are planned for Vadinar under the Kandla Port project?
Which Indian cities were internationally recognized as Wetland Accredited Cities under the Ramsar Convention?
What innovative feature does the Sanraksha Mobile App offer for Indian Railways?
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