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Regarding the on-tap licenses to set up universal banks and small finance banks in the private sector, consider the following statements:1. The last time the RBI granted universal bank licenses was in 2015 when it approved IDFC Ltd and Bandhan Financial applications.2. Among qualifying promoters for banks is resident professionals who have 2 years of experience in banking and finance at a senior level.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about Regarding the on-tap licenses to set up universal banks and small finance banks in the private sector, consider the following statements:1. The last time the RBI granted universal bank licenses was in 2015 when it approved IDFC Ltd and Bandhan Financial applications.2. Among qualifying promoters for banks is resident professionals who have 2 years of experience in banking and finance at a senior level.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Regarding the on-tap licenses to set up universal banks and small finance banks in the private sector, consider the following statements:1. The last time the RBI granted universal bank licenses was in 2015 when it approved IDFC Ltd and Bandhan Financial applications.2. Among qualifying promoters for banks is resident professionals who have 2 years of experience in banking and finance at a senior level.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer?.

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