MCQOPTIONS
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| 1. |
RBI has issued criteria for Urban Co-operative Banks to become Small Finance Banks, read the information given below in this context:n1. The minimum net worth of an Urban Cooperative Bank (UCB) will be Rs 100 croren2. The capital to risk (weighted) asset ratio will be 9 percent or morenWhich of the following statements is true in this regard? |
| A. | only 1 |
| B. | only 2 |
| C. | both 1 and 2 |
| D. | none of them |
| Answer» C. both 1 and 2 | |