15 - Local Area Banks

Banking Awareness Multiple Choice Questions (MCQs) and Answers with explanation on Local Area Banks for IBPS Bank PO, IBPS Bank Clerical, RRB PO and Clerical, SBI PO and SBI Clerical, IBPS Recruitments, RBI Grade B and RBI Bank

1.
Which of the following is correct statement about Local Area Banks (LABs)?
2.
Which of the following is not a correct statement about the Local Area Banks?
3.
What type of a bank is a Local Area Bank?
4.
With which bank South Gujarat Local Area Bank Ltd was merged in 2004?
5.
Which of the following Local Area Banks was converted to a Small Finance Bank in 2016?
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