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The “People’s Banks” (Schulze-Delitzsch type) were mainly intended to serve:

ALarge industrial magnates and factory owners

BAgricultural laborers and rural peasants

CGovernment employees and civil servants

DSmall traders and artisans in towns

Answer:

D. Small traders and artisans in towns

Read Explanation:

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Among the following which are the powers of the management committee.

  1. Sanction transfer and withdrawal of shares.

  1. Pass annual budget.

  2. Constitute subcommittee

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

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