The co-operative credit societies have a

A two-tier structure
B three-tier structure
C four-tier structure
D five-tier structure

Correct Answer: three-tier structure

A credit union is a member-owned financial cooperative, democratically controlled by its members. The Co-operative Credit Institutions in India can be classified as under a three-tier structure- Primary Credit Societies at the bottom; Central Co-operative Bank at the middle; and State Co-operative Bank at the top.
Bissoy MCQ
#General Knowledge #Indian Economy

Related Questions

A cooperative collected Tk. 5,000 from its members. if each member contributed at least Tk. 240. What is the greatest number of members that the cooperative could have?
A 20
B 21
C 19
D 22
Money, as a means of exchange, is becoming less common in modern societies all over the world. Every year, a higher percentage of purchases are made online, and even in stores customers are now using credit cards. Many people today do all of their banking on the Internet. The author of the passage probably assumes that
A cash will become obsolete in the near future
B societies that do business online will struggle
C paying with credit cards all the time is dangerous
D using cash will become popular again
In the year 2007 , under the ' development support credit ' program Bangladesh will receive credit from
A IMF
B ADB
C World Bank
D Bangladesh Bank
জনাব ইমরান একটি কোম্পানির কাছ থেকে '১০/২০, নিট ১০০' শর্তে ধারে কিছু পণ্য ক্রয় করেন। তাঁর ব্যবসায় ঋণের ব্যয় কত? (Mr.Imran purchased some goods in credit terms '10/20, net 100. What is the cost of trade credit?)
A ২০% (20%)
B ৩০% (30%)
C ৪০℅(40%)
D ৫০%(50%)
Suppose you are the account holder of a bank. The bank . The bank offered you a plastic card with a credit limit of TK. 20.000 and your account has to be settled in full at the end of each month. Usually there is an annual fee for using this credit facility . This type of plastic card is called ?
A Debit Card
B Credit Card
C Charge Card
D Pre-paid Card
Which shortcut key is pressed and then 'yes' is given in 'Use Debit/Credit Noted' to post entry in Credit Note and Debit Note in Tally
A Alt + F11
B F11
C F12
D Alt + F12
Mr. A obtains new registration, voluntary registration, change of scheme from composition to regular scheme and from exempted goods/services to taxable goods/services. He can avail credit on inputs lying in stock. What is the time limit for taking said credit
A 1 year from the date of invoice
B 3 year from the date of invoice
C 5 year from the date of invoice
D None of the above
It comes as no Surprise that societies have quotes of behaviour, the character of the codes, on the other hand, can often be......
A Predicable
B Unexpected
C Admirable
D Explicit
Societies living in the "periphery" are always ignored. Here the "periphery" word means----
A offshore areas
B marginal areas
C remote places
D backward regions
The study of ancient societies -----
A History
B Anthropology
C Ethnology
D Archeology

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