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Which governance safeguard is most consistent with Section 14AA of KCS Act when promoting a subsidiary institution?

AMembers approve by special resolution with documented due diligence

BThe board of directors approves the promotion without any external consultation.

CThe Registrar of Cooperative Societies grants approval via a verbal agreement.

DShareholders vote by a simple majority without any prior due diligence checks.

Answer:

A. Members approve by special resolution with documented due diligence

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