Select the incorrect statement/statements about the co−operative banks in US from the given choices, using the code given below : 1. Co –operative banks are small−sized units organized in the co−operative sector, which operate both in urban and non−urban centers. 2. They are regulated by the RBI, Banking Regulation Act, 1949 and Banking Laws (Co−operative Societies) Act, 1965.
Select the incorrect statement/statements about the co−operative banks in US from the given choices, using the code given below : 1. Co –operative banks are small−sized units organized in the co−operative sector, which operate both in urban and non−urban centers. 2. They are regulated by the RBI, Banking Regulation Act, 1949 and Banking Laws (Co−operative Societies) Act, 1965.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Select the incorrect statement/statements about the co−operative banks in US
from the given choices, using the code given below :
1. Co –operative banks are small−sized units organized in the co−operative sector, which
operate both in urban and non−urban centers.
2. They are regulated by the RBI, Banking Regulation Act, 1949 and Banking Laws
(Co−operative Societies) Act, 1965.
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