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

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