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PACS prepare a proposal for total requirement of financial assistance from DCB for the coming year in advance and sends to DCB. Such a statement is called ---.

Acredit limit statement

Bfinancial requirement proposal

Cannual budget report

Dloan requisition statement

Answer:

A. credit limit statement

Read Explanation:

CREDIT LIMIT STATEMENT

  • PACS availing financial assistance from DCB for every year.

  • PACS prepare a proposal for total requirement of financial assistance from DCB for the next coming year in advance and send to DCB.

  • Such statement is called credit limit statement.


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On the basis of requisition from Co-operative Society, members will forward which Form to the DCB, for releasing short term loan from the credit limit sanctioned to the society.