Q.

A Co-Operative Bank operating in different States is regulated by ?

A. State Co-Operative Societies Act
B. Banking Regulation Act
C. Multi Unit Co-Operative Societies Act
D. Banking Laws (applicable to Co-Operative Societies)
E. None of the above
Answer» C. Multi Unit Co-Operative Societies Act
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Prabha Gobin
4 months ago

What is the main purpose of the Multi Unit Co-Operative Societies Act in regulating Co-Operative Banks operating in multiple states?
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