Multiple choice

Maintenance of Investment Fluctuation Reserve is necessary for a cooperative bank that has its deposits of …………………... or more.

  1. Rs 50 crore

  2. Rs 100 crore

  3. Rs 200 crore

  4. Rs 500 crore
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

RBI guidelines require cooperative banks with deposits of Rs 100 crore or more to maintain an Investment Fluctuation Reserve.

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