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.
In the 1909 Indian Council Act, what was the increased maximum number of additional members for the council of Bengal?
Which dance form is famously known to have originated in North India?
Which Indian state observes the Chapchar Kut festival in March, commemorating the conclusion of the jhum cultivation process?
The 'Nutri Garden Project' that gained recognition and was appreciated by Prime Minister Narendra Modi is implemented in which Indian territory?
Korkai Port is Located in which of the following state?
For the first time in India, the Kisan Diwas was celebrated on which of the following years?
Who won the women’s singles titles at the BWF Indonesia Masters 2022?
India and Sri Lanka are separated by which strait?Â
Absolute alcohol is prepared from rectified spirit by using the following process:
Saharanpur, Ghaziabad, Meerut is located near which river in Uttar Pradesh?