Banking Banking Awareness Origin and Development of Banking in India Question Bank Practice Questions - Development Banks

  • question_answer According to the guidelines, the Reserve Bank of India will consider proposals for merger and amalgamation of urban cooperative banks when

    A)  the net worth of the acquired bank is positive and the acquirer bank assures to protect entire deposits of all the depositors of the acquired bank

    B)  the net worth of acquired bank is negative, but the acquirer bank on its own assures to protect deposits of all the depositors of the acquired bank

    C)  the net worth of the acquired bank is negative and the acquirer bank assures to protect the deposits of all the depositors with financial support from the State Government extended up front as part of the process of merger

    D)  All of the above

    E)  None of these        

    Correct Answer: D

    Solution :

    Not Available

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