Get Started with ixamBee
Start learning 50% faster. Sign in now
Explanation: Though the Banking Regulation Act came in to force in 1949, the banking laws were made applicable to cooperative societies only in 1966 through an amendment to the Banking Regulation Act, 1949. Since then there is duality of control over these banks with banking related functions being regulated by the Reserve Bank and management related functions regulated by respective State Governments/Central Government. The Reserve Bank regulates the banking functions of StCBs/DCCBs/UCBs under the provisions of Sections 22 and 23 of the Banking Regulation Act, 1949 (As Applicable to Cooperative Societies (AACS).
With reference to Section 60 of The Indian Evidence Act, 1872, complete the sentence with correct option.
Oral evidence must in all cases, whatev...
The special resolution authorising the issue of sweat equity shares shall be valid for making the allotment within a period of________________
No company limited by shares shall, after the commencement of the Companies Act, 2013 issue any preference shares which are __________________
A company shall have its first annual general meeting, held within a period of ______________ from the date of closing of the first financial year of th...
Which of the following is true?
Under the Prevention of Money-Laundering Act, 2002 where a complaint is received by an Adjudicating Authority that any person has committed an offence u...
According to the Code on Social Security, 2020 how are establishments covered under this Code required to be registered?
What is the obligation of a person who has received advantage under void agreement, or contract that becomes void as per section 65 of the Contract Act?
_________ means as the income of a person goes up, the rates of tax goes down
The Fund of the SEBI shall be applied for
