Multiple Choice Questions on Recently merger of all the Central District Cooperative Banks of Bihar has been started in which ban........... for State General Knowledge (GK) Preparation

Economy

Bihar

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Indian Economy - Understanding the basics of Indian economic system

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    Recently merger of all the Central District Cooperative Banks of Bihar has been started in which bank?

    Uttar Bihar Gramin Bank

    Incorrect Answer

    South Bihar Gramin Bank

    Incorrect Answer

    Bihar State Cooperative Bank

    Correct Answer

    Bihar State Financial Bank

    Incorrect Answer
    Explanation:

    Currently, there are 23 District Central Cooperative Banks in Bihar, which are being merged with Bihar State Cooperative Bank, currently Bihar State Cooperative Bank has 11 branches in Bihar. After the merger of these banks, all the 38 districts of the state will be expanded from district and block headquarters to panchayat level, which will help in strengthening the rural economy rapidly and to a great extent in employment generation.


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