Q- With reference to the Cooperative Banks in India- which of the following statements is-are correct-1- These banks are established under the state government act-2- The main goal of these banks is to provide concessional loans-3- Credit controls like CRR- SLR are not applicable to these banks-Select the correct answer using the codes given below-

The correct option is C 1 and 2 onlyExplanation: Statement 1 is correct: nbsp;These banks are organised under the state government’s act. They give short ...

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Standard XI

Economics

Profit Maximisation for Monopoly Firms

Q. With refer...

Question

Q. With reference to the Cooperative Banks in India, which of the following statements is/are correct?
Select the correct answer using the codes given below:

1 only

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1 and 2 only

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2 and 3 only

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1, 2 and 3

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Solution

The correct option is B
1 and 2 only
Explanation:

Statement 1 is correct: These banks are organised under the state government’s act. They give short term loans to the agriculture sector and other allied activities. They also provide medium-term and long term loans.

Statement 2 is correct: The main goal of Cooperative Banks is to promote social welfare by providing concessional loans.

Statement 3 is incorrect: Concessional CRR, SLR is applicable to these banks. (CRR- 3 $%,$ SLR- 25 $%$ )

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Q. 89. Which of the following statements is correct about the Systemically Important Banks?
1. Systemically important banks are perceived as banks that are ‘Too Big To Fail (TBTF)’
2. The International Monetary Fund (IMF) publishes the list of Global Systemically Important banks (G-SIBs).
3. RBI identifies the Domestic Systemically Important Banks (D-SIBs).
4. SIBs are required to maintain additional Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR).
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Q. Q. With reference to Cooperative Banks, which of the following statements is/are correct?
1. The main aim of cooperative banks is to maximise profit for their members and to bestow cheaper credit upon them.
2. They provide both short term and long term loans.
3. Some cooperative banks are scheduled banks, while others are non-scheduled banks.
Select the correct answer using the code given below

Q. सहकारी बैंकों के संदर्भ में निम्नलिखित में कौन सा/से कथन सही है / हैं?
1. सहकारी बैंकों का मुख्य उद्देश्य अपने सदस्यों के लिए अधिकतम लाभ कमाना और उन्हें सस्ता ऋण प्रदान करना है।
2. वे अल्पकालिक और दीर्घकालिक दोनों प्रकार के ऋण प्रदान करते हैं।
3. कुछ सहकारी बैंक अनुसूचित बैंक हैं जबकि अन्य गैर-अनुसूचित बैंक हैं।
नीचे दिए गए कूट का उपयोग करके सही उत्तर चुनें:

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Q. With reference to the Cooperative Banks in India, which of the following statements is/are correct? Select the correct answer using the codes given below:

Q. With reference to the Cooperative Banks in India, which of the following statements is/are correct?
Select the correct answer using the codes given below: