According to ..........."They are set of rules which govern the life and
activity of co-operative organisation"
AGeorge Davidonic
BJohn Maynard Keynes
CAdam Smith
DKarl Marx
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Mr. Aswin had filed a complaint with Banking Ombudsman but, he is not satisfied with that decision. What is the next option before him to resolve his complaint?
- File an appeal before the Finance - Minister
- File an appeal before the Banking Ombudsman again.
- Simply close the matter as going to court involves time and money.
- Write the CMD of the bank.
- File an appeal to the Deputy- Governer or RBI
Which of these statements are true?
Statement 1: No banking Company shall grant any loans or advances on the security of its own shares.
Statement 2: Advance against their own shares is not allowed by banks, because these are prohibited under RBI Act of 1934.