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Question

Cooperatives have not made much progress in tribal and hilly areas.

A
True
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B
False
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Solution

The correct option is A True
Cooperatives have not made much progress in tribal and hilly areas- this is a true statement.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.

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