BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Insurance Information Bureau was registered as an independent society under the Andhra Pradesh Societies Registration Act on
A
24th October 2010
B
08th March 2017
C
17th September 2009
D
21st November 2012
Explanation: 

Detailed explanation-1: -Technology Information Forecasting and Assessment Council, New Delhi (TIFAC) is a society registered under the Societies Registration Act, 1860. MoA and Rules of TIFAC were approved in 1988.

Detailed explanation-2: -Maintenance of account and their balancing and auditing.-(1) Every governing body entrusted with the management or the affairs of a society registered under this Act (not being a public trust within the meaning of the Bombay Public Trusts Act, 1950) shall keep regular accounts.

Detailed explanation-3: -12A.–Any society registered under this Act may, with the consent of not less than two-thirds of the total number of its members’ by a resolution at a general meeting convened for the purpose and subject to the provisions of section 12B, change its name.

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