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    Question

    Which cooperative bank had its licence cancelled by the

    Reserve Bank of India (RBI)?
    A Purvanchal Cooperative Bank Ltd, New Delhi Correct Answer Incorrect Answer
    B Purvanchal Cooperative Bank Ltd, Ghazipur, Uttar Pradesh Correct Answer Incorrect Answer
    C Purvanchal Cooperative Bank Ltd, Mumbai, Maharashtra Correct Answer Incorrect Answer
    D Purvanchal Cooperative Bank Ltd, Chennai, Tamil Nadu Correct Answer Incorrect Answer

    Solution

    Purvanchal Cooperative Bank Ltd, Ghazipur, Uttar Pradesh. The RBI cancelled the licence of Purvanchal Cooperative Bank Ltd, Ghazipur, Uttar Pradesh, due to a lack of adequate capital and earning prospects.

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