Question

Which one of the following combinations does constitute a form of state aid to societies ?

1. Guarantee repayment of principal and payment of interest on debentures issued by a Society.
2. Guarantee the repayment of share capital of society and dividends there on at such rates as specified by Government.
3. Guarantee the repayment of principal and payment of interest on loans and advances to a Society.
4. Guarantee the repayment of deposits received by the society and payment of interest on such deposits.

• A. All of these
• B. i only
• C. None of these
• D. iii, iv

Answer 1

Answer:

C. None of these

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