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Start learning 50% faster. Sign in nowExplanation: 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).
16 years ago from now, ratio of ages of ‘R’ and ‘L’ was 3:5, respectively. If ‘L’ is 9 years elder to ‘R’, then what will be the age of ...
The ratio of A and B present age is 3:2. The product of their ages is 2400. What will be the ratio of their ages after 5 years?
A is younger than B by 4 years. If the ratio of A and B ages is 5:7 respectively, then find the age of A.
Eight years ago, Pawan's age was 25% greater than Bheem's age at that time. If their combined current ages total 70 years, determine Pawan's current age.
The present average age of ‘X’ and ‘Y’ is 45 years, present average age of ‘X’ and ‘Z’ is 32 years and present average age of ‘Y’ an...
Present ages of P and Q are in the ratio 5:7 respectively. If Q’s age, 11 years hence from now will be 5 times of P’s age, 5 years ago from now, the...
The current ages of A and B are in the ratio of 8:15. Eight years ago, the ratio of their ages was 6:13. What will be the ratio of their ages 8 years f...
The average age of A, B and C is 40 years, while the average age of B, A and D is 30 years. If the ratio of the age of C and D is 5:3, respectively, the...
The average age of 66(2/3)% of the number of children in a group is 13 years. The average age of all the children in the group is 14.5 years. What is t...
