Challenger App

No.1 PSC Learning App

1M+ Downloads
A Co‑operative Bank plans a merger. Which combination of approvals is most consistent with Rule 13(1) of KCS Rules?

ARegistrar approval and RBI’s prior approval / NoC, before placing the proposal before members

BRegistrar approval and members' approval after placing the proposal before them

CRBI’s prior approval / NoC and members' approval after placing the proposal before them

DRegistrar approval and members' approval before placing the proposal before them

Answer:

A. Registrar approval and RBI’s prior approval / NoC, before placing the proposal before members

Read Explanation:

.


Related Questions:

Section of KCS Act, related to the Deposit Guarantee Scheme :
What does Section 2(g) of KCS Act define?
What should be engraved on the common seal of a Co-operative Society according to Section 9A(b) of Kerala Co-operative Societies Act ?
The number of members of the committee of a primary co- operative society shall not exceed ........ persons.
The Govt shall in consultation with _______ fix or alter the number and designation of the officers and servants of the different classes of Societies.