Multiple choice

A non-scheduled Urban Co-operative Bank can deposit…………………of its capital in a scheduled Urban Co-operative Bank.

  1. 10%

  2. 15%

  3. 20%

  4. 25%

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

RBI guidelines for non-scheduled Urban Co-operative Banks (UCBs) typically set limits on the placement of funds in other co-operative banks to manage risk, with 20% being the standard regulatory ceiling for such deposits.