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.
The fourth Buddhist council was held at
On which date International Day of Neutrality is celebrated annually?
India has won how many medals in the World Archery Championship 2021 which was held in Yankton, USA?
Kanyakumari is situated in which state/UT?
On which date is ‘Pravasi Bharatiya Divas’ (Non-Resident Indian Day) observed in India?
Karnataka government launched the ‘Mathru Purna’ scheme for ___________?
The total geographical area of Uttar Pradesh is about .... ..... of the area of India.
Which of the following is the water divide between the Indus river and the Ganga river?
Identify the correct statement about marginal standing facility.
Which is the second state in the Northeast India to be declared as Open Defecation Free state?