Question

Who inaugurated the National Urban Cooperative Finance and Development Corporation Limited (NUCFDC) in New Delhi?

A Finance Minister Nirmala Sitharaman Correct Answer Incorrect Answer
B Prime Minister Narendra Modi Correct Answer Incorrect Answer
C Home Minister Amit Shah Correct Answer Incorrect Answer
D Agriculture Minister Narendra Singh Tomar Correct Answer Incorrect Answer
E Defence Minister Rajnath Singh Correct Answer Incorrect Answer

Solution

•     The Union Home Minister and Minister of Cooperation, Amit Shah inaugurated the National Urban Cooperative Finance and Development Corporation Limited, an umbrella organisation for urban cooperative banks. •     The organisation will boost development of urban cooperative banks. •     A major role for the umbrella organisation is to prepare small banks for compliance with the Banking Regulation Act.

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