This paper mainly devotes to the study of some solitons such as Ricci and Yamabe solitons and also their combination called Ricci-Yamabe solitons. In the geometry of solitons, a fundamental question is to identify the conditions under which these solitons can be trivial. Firstly, in this paper we study some extensive results on generic contact CR-submanifolds of Sasakian manifolds endowed with concurrent vector fields. Then some applications of solitons such as Ricci and Ricci-Yamabe solitons on such submanifolds with concurrent vector fields in the same ambient manifold have been discussed.