Which of the following statements are true about Co-operative Banks in India?

A It has a three-tier set-up
B State Co-operative Banks does not have access to RBI
C It is an urban oriented Bank
D It functions on sound business principles

Correct Answer: It has a three-tier set-up

Co-operative Banks in India has a three-tier set-up. State coop bank is apex coop institution in state. Central or districtcoop. Bank work at district level. At lowest level coop setup is primary credit agency which works at village level.
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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
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A 4
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A 250
B 300
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A Tk. 200
B Tk. 680
C Tk. 440
D Tk. 280
সমবায় সমিতি গঠনে কমপক্ষে কতজন সদস্য প্রয়োজন? (What is the minimum cooperative society?)
A ৮ জন (8)
B ৯ জন (9)
C ১০ জন (10)
D ১১ জন (11)

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