UPSC CSE Prelims Banking System & Norms Flashcards
Master 11 banking system & norms concepts for the UPSC CSE Prelims.
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Question
Complete the statement regarding the regulatory differences between Commercial and Cooperative banks in India:
While Commercial Banks are exclusively regulated by the , Cooperative Banks have a dual regulation structure. Their banking operations are regulated by the , whereas their registration, management, and administrative functions are governed by the .
Question
In a Regional Rural Bank (RRB) in India, what is the correct mandated shareholding pattern among the Central Government, State Government, and the Sponsor Bank respectively?
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