In January 2026, what kind of institution was the subject of an RBI discussion paper on whether to resume issuing fresh licences after a long pause?
Question and options
In January 2026, what kind of institution was the subject of an RBI discussion paper on whether to resume issuing fresh licences after a long pause?
- Small finance banks
- Urban co-operative banks
- Payments banks
- Regional rural banks
Answer and explanation
Correct answer: B - Urban co-operative banks
The RBI released its urban co-operative bank discussion paper on 13 January 2026. It sought feedback on resuming licensing following a pause of over two decades.
Practice for these exams
-
Bihar Judicial Services
Subject revision
-
Uttarakhand Judicial Services
Subject revision
Related exam syllabi
More solved explanations in Current affairs - national & international
- As of November 2026, Egypt's first nuclear power plant, under construction at El Dabaa, is being built with the help of which country?
- As of November 2026, who is India's Permanent Representative to the United Nations in New York?
- As of November 2026, which UN agency supplies vaccines to about 109 countries every year, reaching some 45 per cent of the world's children under five?
- In the Union Budget of February 2015, the Indian Government announced the setting up of a new IIT in .............. .
- Which economy ranked first in the 2026 IMD World Competitiveness Ranking?