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Features of Co-operative Banks: Customer Owned Entities: Co-operative bank members are both customer and owner of the bank. Democratic Member Control: These banks are owned and controlled by the members, who democratically elect a board of directors. Members usually have equal voting rights, according to the cooperative principle of “one person, one vote”. Profit Allocation: A significant part of the yearly profit, benefits or surplus is usually allocated to constitute reserves and a part of this profit can also be distributed to the co-operative members, with legal and statutory limitations. Financial Inclusion: They have played a significant role in the financial inclusion of unbanked rural masses. They provide cheap credit to masses in rural areas.
Section 25 of The Limitation Act, 1963 deals with_______?
As per the definition of undue influence under the Contract Act a person is deemed to be in a position to dominate the will of another________________
The maximum period of solitary confinement which may be ordered by the court is :
Sale is a Transfer of ownership in exchange of?
As per the provision of the Motor Vehicles Act, who has the authority to recover the amount as arrear of land revenue?
When can there be a revocation of proposal?
The Bharatiya Nyaya Sanhita, 2023 removes sedition as an offence. However, _________ has been included instead of sedition
According to Section 5of the IRDA Act, what is the tenure of office for the Chairperson and other whole-time members?
Under which section of the IPC, Gang rape is punishable?
According to regulation 32(2) of Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018, who certifies that a partici...
