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Question

SEWA Cooperative Bank was first initiated in _________ in 1974.

The correct answer is
Ahmedabad

SEWA Bank Initiation Location

The SEWA Cooperative Bank was first initiated in Ahmedabad in the year 1974.

This initiative was a significant step by the Self-Employed Women's Association (SEWA) to provide financial services tailored to the needs of poor, self-employed women.

The bank started its operations in Ahmedabad, Gujarat, marking a crucial point in the history of grassroots cooperative banking in India.

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Important Questions from Banking History or Facts

  1. Which of the following is INCORRECT with respect to the repo rate?

  2. Which bank was NOT nationalized during the bank nationalization process of 1969?

  3. Which of the following is NOT an amphibian animal?

  4. In which year was the Reserve Bank of India (RBI) established?

  5. The name of the first bank established in India was

    A. Bank of Hindustan

    B. Reserve Bank of India

    C. Imperial Bank

    D. State Bank of India

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