question_answer

The State Co-operative Bank, being the Apex Bank at the state level

A)  operates as a balancing centre for the movement of the resources in the entire state

B)  acts as the custodian of the surplus resources and the reserves of the central co-operative banks and supplements them by attracting sizeable deposits and by obtaining loans from RBI.

C)  provides the link between the RBI and the money market on one hand and the entire co-operative credit structure, on the other

D)  All of the above

E)  None of these