Start learning 50% faster. Sign in now
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.
Kapu beach is in Karnataka, near Udupi and is very popular with the students on Manipal.
Any ineligible Member of Parliament is terminated by?
At the ISSF World Cup 2021 in New Delhi, how many total medals did India win, marking its most successful shooting event in history?
Repo rate is the rate at which the _______?
Which Emperor adopted the Zabat System of measurement of land?
Who founded Arya Women’s Society/Arya Mahila Samaj at Pune in 1882?
Where is the High Court of Orissa located in the state?
The resolution for removal of Vice President of India should be moved in:
Winter rainfall 'Mawat' occurs through-
What is the nitrogenous waste excreted by shark?