Get Started
860

Q:

Recently, the license of Maharashtra-based Shivam Cooperative Bank has been canceled by RBI. On which of the following grounds is it canceled?

  • 1
    Inadequacy of capital
  • 2
    decrease in earning potential
  • 3
    It conducts itself in a harmful way to the public interest
  • 4
    A and B only
  • Show Answer
  • Workspace

Answer : 3. "It conducts itself in a harmful way to the public interest"

The Most Comprehensive Exam Preparation Platform

Get the Examsbook Prep App Today