BANK SBI Clerk Mock Test Series 2025 (Pre + Mains) Banking and Financial Awareness Banking History or Facts
Consider the following statements regarding the Urban Co-operative Banks in India:
- The term Urban Co-operative Banks (UCBs) refers to primary cooperative banks located in urban and semi-urban areas.
- There shall be a Board of Management (BoM) in every UCB if there is no Board of Directors.
- Key responsibilities of BoM of UCBs will include credit management, risk management,and liquidity management.
Which of the following statement(s) is/are true?
1
1 and 2
2
2 and 3
3
1 and 3
4
All of the above
5
None of the above