Question

Co-operative banks have a __________ structure.

• A. 2-tier
• B. 3-tier
• C. 4-tier
• D. none of the above

Answer 1

The correct option is B 3-tier

Co-operative banks have a 3-tier structure.Cooperative banks as a cooperative credit institution provide both medium-term as well as short-term.loans.Cooperatives provide Institutional credit which assists rural households involved in agricultural activities. The government exclusively depended on development of cooperatives as an institutional source of rural credit till 1970.