App Logo

No.1 PSC Learning App

1M+ Downloads

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:

    .


    Related Questions:

    .... is based on the principle of self interest, maximization of profits and exploitation.
    Adjustment made for outstanding expenses, prepaid expenses are according to --- Principle.
    The National Agricultural Cooperative Marketing Federation (NAFED), established in ...
    The “Doctrine of Circumstances” by Owen emphasizes:
    ........................ elimitates the employers and provides independence to the workers.