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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. The securities and Exchange Board of India (SEBI) was established in _______.

  2. 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

  3. Rupee sign '₹' is a

    A. Devanagari letter

    B. Roman letter

    C. Sanskrit Script

    D. A combination of Roman & Devanagari letters

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

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

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