Regulation and Supervision of Urban Cooperative Banks Quiz
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Questions and Answers

What is the primary focus of the document 'Primer on Regulation and Supervision of Urban Cooperative Banks'?

  • Regulation and supervision of urban cooperative banks (correct)
  • The history of cooperative banking in urban areas
  • The financial performance of urban cooperative banks
  • The challenges faced by urban cooperative banks

    • What is the significance of 'Dual control' as mentioned in the document?

  • It highlights the collaboration between urban cooperative banks and commercial banks
  • It refers to the presence of multiple regulatory bodies overseeing urban cooperative banks
  • It emphasizes the joint responsibility of the government and the central bank in regulating urban cooperative banks (correct)
  • It denotes the internal checks and balances within urban cooperative banks

    • Which section of the document provides information about statutory provisions related to urban cooperative banks?

  • Section 5 (correct)
  • Section 4
  • Section 2
  • Section 8

    • What is the main focus of the 'Department of Regulation (DoR)' as mentioned in the document?

    <p>Taking initiatives to strengthen the regulatory framework for urban cooperative banks</p> Signup and view all the answers

    What does the document emphasize as a key aspect of supervision for urban cooperative banks?

    <p>Safeguarding the interests of depositors in urban cooperative banks</p> Signup and view all the answers

    In which section of the document would one find information about the structure of the cooperative banking sector?

    <p>Section 2</p> Signup and view all the answers

    What is the primary challenge faced by banking regulators/supervisors in the aftermath of recent bank failures?

    <p>Balancing financial stability and addressing moral hazard implications</p> Signup and view all the answers

    What is the role of co-operative banks in the Indian financial system?

    <p>Furthering financial inclusion by providing general banking services in underserved areas</p> Signup and view all the answers

    What are some of the challenges faced by co-operative banks in India?

    <p>Ownership structure and rising incidence of frauds</p> Signup and view all the answers

    What has constrained the mobilization of additional capital for co-operative banks in India?

    <p>Ownership structure and constitutional provisions</p> Signup and view all the answers

    What has the amendment to the Banking Regulation Act, 2020 eased for Urban Co-operative Banks (UCBs)?

    <p>Capital raising constraints of UCBs</p> Signup and view all the answers

    Under which act are State Cooperative Banks (StCBs) and District Central Cooperative Banks (DCCBs) registered and regulated?

    <p>State Cooperative Societies Act of the concerned state</p> Signup and view all the answers

    Which cooperative credit structures operate primarily to ensure the flow of credit to the agriculture sector in rural areas?

    <p>Primary Agricultural Credit Societies (PACS)</p> Signup and view all the answers

    Which cooperative banks are outside the purview of the Banking Regulation Act, 1949 and are not regulated by RBI?

    <p>(PACS) at the village level</p> Signup and view all the answers

    Which entity has been delegated powers under Section 35(6) of the Banking Regulation Act to conduct inspections of State and Central Cooperative Banks?

    <p>(NABARD)</p> Signup and view all the answers

    "The guiding behind this framework is to consolidate their position as friendly neighbourhood banks by catering to the heterogeneity in the customer base" - Which cooperative banks does this statement refer to?

    <p>(UCBs)</p> Signup and view all the answers

    "RBI has been initiating reforms to strengthen the cooperative banking structure. Its two-pronged strategy consists of statutory reforms and regulatory support." - What does the two-pronged strategy aim to achieve?

    <p>Strengthening the cooperative banking structure</p> Signup and view all the answers

    What entities are primarily mandated to ensure the flow of credit to the agriculture sector?

    <p>Primary Agricultural Credit Societies (PACS)</p> Signup and view all the answers

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