Part of: Chandigarh Gk set 3

Bank of Baroda is not the State Level / Union Territory Level Banker's Committee Convenor in one of the following states/Union Territories

Category: Chandigarh Gk

Hint: Consider the specific roles and responsibilities of Bank of Baroda in different regions.

Correct Answer: D) Chandigarh

Exam Relevance: UPSC, SSC, Banking Exams, State PSC

Difficulty: Moderate

Explanations:

The Bank of Baroda (BOD) is a significant public sector bank in India that often takes on the role of convenor for State Level and Union Territory Level Bankers' Committees. These committees are responsible for coordinating banking activities and policies within their respective regions. The role of convenor is crucial as it involves leading the committee meetings, ensuring the implementation of banking policies, and addressing regional banking issues.

Each state and union territory in India has its own Bankers' Committee, and the convenor is typically a major bank that is well-established in the region. The Bank of Baroda is known to serve as the convenor in several states and union territories, but it is not the convenor in all of them. The question specifically asks for the state or union territory where Bank of Baroda is not the convenor.

For the given options, Bank of Baroda is the convenor in Rajasthan, Dadra & Nagra Haveli, and Gujarat. However, in Chandigarh, Bank of Baroda does not hold this role. This makes Chandigarh the correct answer to the question. It is important to note that the role of convenor can vary from one state or union territory to another, and it is not a fixed position for Bank of Baroda across all regions.

Understanding the roles and responsibilities of major banks like Bank of Baroda in different regions is crucial for competitive exams and general knowledge. It is essential to be aware of the specific roles that banks play in various states and union territories to answer such questions accurately.

Option Analysis:
  • Option A: Bank of Baroda is the convenor for the State Level Bankers' Committee in Rajasthan. This option is incorrect because the question asks for the state where Bank of Baroda is not the convenor.
  • Option B: Bank of Baroda is the convenor for the Union Territory Level Bankers' Committee in Dadra & Nagra Haveli. This option is incorrect because the question asks for the state where Bank of Baroda is not the convenor.
  • Option C: Bank of Baroda is the convenor for the State Level Bankers' Committee in Gujarat. This option is incorrect because the question asks for the state where Bank of Baroda is not the convenor.
  • Option D: Bank of Baroda is not the convenor for the State Level Bankers' Committee in Chandigarh. This option is correct because the question asks for the state where Bank of Baroda is not the convenor, and Chandigarh is the correct answer.

Mnemonic: BOD (Bank of Baroda) does not convenor in Chand (Chandigarh)

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