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Banking Sample Paper SBI Clerk Grade (Main) Sample Test Paper-5

  • question_answer
    To improve access of the poor to banking, Reserve Bank of India has advised banks to open branches with minimum infrastructure supporting up to 8 to 10 business correspondents (BCs) at a reasonable distance of 2-3 kms. Such branches are known as

    A)  Nodal Branches            

    B)  Mini Branches

    C)  Micro Branches

    D)  Ultra Small Branches

    E)  Satellite Branches

    Correct Answer: D

    Solution :

     The Reserve Bank of India has advised banks to have an intermediate brick and mortar structure (Ultra Small Branch) between the present base branch and Business Correspondents (BC) locations so as to provide support to a cluster of BC units at a reasonable distance. These Ultra Small Branches may be set up between the base branch and BC / locations so as to provide support to about 8-10 BC Units at a reasonable distance of 3-4 kilometres.


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