In bank guarantees, the bank makes payments on ---
Athe beneficiary has incurred loss
Bbeing sued by the beneficiary
Cmerely on demand by
DNone of the above
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Which Statement is / are correct ?
- The Bhuswath Jamya Bank in Travancore State was established in 1931.
- Cochin Central Co-op Land Mortgage Bank was formed in 1935
- Travancore Credit Bank was established by the Government in 1938.
- Kerala cooperative Central Land Mortgage Bank in 1956.
A novel form of cooperative organization known as Producer Company was introduced by amending the …
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