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From the following Statement, which statement is viable to the central cooperative bank?

  1. The share capital when compared to the total working capital is too small.
  2. They failed in mobilising deposits; instead they depended on the apex bank.
  3. Banking and non banking activities were mixed, which was against the banking principles.
  4. To act as a balancing center for resources for primary societies.

    A1, 2

    BAll of these

    CNone of these

    D3, 4

    Answer:

    B. All of these

    Read Explanation:

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    1. Sanction transfer and withdrawal of shares.

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    2. Constitute subcommittee

    3. Conduct decision of profit as per rules and byelaw.

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