BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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two-tier structure
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three-tier structure
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four-tier structure
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five-tier structure
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Detailed explanation-1: -(i) NABARD. (ii) State Cooperative Banks. (iii) Central Cooperative Banks.
Detailed explanation-2: -India follows a three-tier cooperative system. It includes central consumer cooperatives, state-level consumer cooperative stores, and primary level consumer cooperative federations.
Detailed explanation-3: -Co-operative Credit Structure means and includes Primary Agricultural Credit Co-operative Societies by whatever name called, Central Co-operative Banks, State Co-operative Bank, Agricultural and Rural Development Banks and State Agricultural and Rural Development Bank.
Detailed explanation-4: -The structure includes-State Co-operative Banks, Central Co-operative Banks, and Primary agrarian Credit Society. At the apex point of the Co-operative banking system in the country is the State Co-operative Bank.