Question

At what rate fluid resources have to be maintained by PACS :

• A. 20 percent of deposit
• B. 30 percent of all deposits
• C. percent of all deposits matured and due for payment plus 20 percent of all other demand and time liabilities
• D. 25 percent of deposit

Answer 1

Answer:

C. percent of all deposits matured and due for payment plus 20 percent of all other demand and time liabilities

A Primary Agricultural Credit Society (PACS) is a basic unit and smallest co-operative credit institutions in India.