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

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

LohaHridoy

4 views

2025-01-04 04:42

1 Answers

AhmedNazir

Answer: Option 1

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.

4 views Answered 2022-09-01 13:21

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