In December 2016, the National Payments Corporation of India developed a mobile payment app named as
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Pillars of corporate governance facilitates
- All members are responsible and accountable for their decisions and actions.
- Participation of members is needed.
- Cooperatives must be audited regularly.
- No secret deals should be there in cooperatives.
In KCS Act, Section 63 deals with:
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
What are the two components of a Crop loan ?
- Cash portion for working capital needs (A component)
- Input portion for agricultural inputs (B component)
- Fixed asset portion for buying machinery
- Personal Finance portion for individual expenses
Auditors are liable under