Which of the following is NOT a difference between a commercial bank and a cooperative bank?
Cooperative Banks | Commercial Banks |
Co-operatives banks are co-operative organizations. | Commercial banks are joint-stock banks |
Governed by the Co-operative Societies Act as well as Banking Regulation Act | Governed by the Banking Regulation Act |
Subject to the rules laid down by the Registrar of Co-operative Societies | Subject to the control of the Reserve Bank of India directly |
Borrowers are member shareholders, so they have some influence on the lending policy of the banks, on account of their voting power | Borrowers of commercial banks are only account- holders and have no voting power as such→Voting power as per shareholding |
Have not much scope of flexibility on account of the rigidities of the bye-laws of the Co-operative Societies | Free from such rigidities |
Do not pursue the goal of profit maximization | Works for profit maximization |
Smaller in size | Larger in size with wider reach in the country |
An executing court can
What kind of a presumption lies in favour of a power of attorney?
Proof of contents of documents can be proved by:
When abetment of offence is done which is punishable with death or imprisonment for life, the offence is not committed then:
Which of the following is an exception to harbouring a deserter as an offence?
The Speaker of Lok Sabha may be removed
Offences commited beyond India_____.
When can an appeal lie to Supreme Court under Section 109 CPC?
I. When the High Court c...
Presumption as to a document which is 30 years old extends to the document if:
As laid down under the Companies Act every company shall hold the first meeting of the Board of Directors within thirty days of the date of its incorpor...