Question
Which of the folloinwg statement is not correct about
Urban Co-operative Banks (UCBs):Solution
The term Urban Co-operative Banks (UCBs), though not formally defined, refers to primary cooperative banks located in urban and semi-urban areas. These banks, till 1996, were allowed to lend money only for non-agricultural purposes. This distinction does not hold today. These banks were traditionally centred around communities, localities work place groups. They essentially lent to small borrowers and businesses. Today, their scope of operations has widened considerably.The first known mutual aid society in India was probably the "Anyonya Sahakari Mandali" organised in the erstwhile princely State of Baroda in 1889 under the guidance of Vithal Laxman also known as Bhausaheb Kavthekar.
Which mutual fund has successfully raised over Rs 3,400 crore through its new fund offer for the India Manufacturing Fund?
ECGC’s revised country risk classification for Bangladesh (effective Aug 2024) moved Bangladesh into which risk category?
The Malpighian tubules are characteristic of:
Who has bagged the title sponsor of the Women Premier League?
Which description is appropriate among the following for ‘E-Governance’?
Article 63 is related to?
- When the currency notes become dirty and slightly cut, the term then used for them is called?
What is the name of the portal where depositors can view information relating to their unclaimed deposits?
Which winds blow across the Asian continent at latitudes north of the Himalayas roughly parallel to the Tibetan highlands?
In which Indian state is the Mahtari Vandan Yojana, a scheme providing benefits exclusively to native women, being implemented?