GK
CO OPERATION CO OPERATIVE SOCIETIES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The Italian Federation of Cooperative Credit Banks (FEDERCASSE) is a national association of rural cooperative banks formed in
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1950
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1960
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1970
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1980
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Explanation:
Detailed explanation-1: -The first urban cooperative credit society was registered in Canjeevaram (Kanjivaram) in the erstwhile Madras province in October, 1904.
Detailed explanation-2: -The history of Indian cooperative banking started with the passing of Cooperative Societies Act in 1904. The objective of this Act was to establish cooperative credit societies “to encourage thrift, self-help and cooperation among agriculturists, artisans and persons of limited means.”
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