SSC Economics Sample Paper NCERT Sample Paper-2

  • question_answer
    Consider the following:
    1. Co-operative banks in India don't perform fundamental banking activities.
    2. State Co-operative bank is apex co-operative institution in the state.
    3. Co-operative bank organisation in India has three-tier set up.
    Which of these statements is/are correct?

    A) Only 1 and 2     

    B) Only 2 and 3

    C) Only 1 and 3     

    D) All 1, 2 and 3

    Correct Answer: D

    Solution :

    Co-operative banks have a three tier structure primary (agriculture or urban) credit societies, district central co-operative banks and at the apex level, state co-operative banks.

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