GENERAL KNOWLEDGE

GK

INDIAN ECONOMY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The central co-operative banks are in direct touch with
A
farmers
B
state co-operative banks
C
land development banks
D
central government
Explanation: 

Detailed explanation-1: -They are a strata at which cooperative banks directly interact with the individual borrowers.

Detailed explanation-2: -StCBs/DCCBs are registered under the provisions of State Cooperative Societies Act of the State concerned and are regulated by the Reserve Bank.

Detailed explanation-3: -HOPCOMS is headquartered in Bengaluru. HOPCOMS is spread across districts of Bangalore Rural, Bangalore Urban, Mysuru, Mandya, Chikkaballapura, Ramanagar of Karnataka.

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