Credit cooperatives are set up to provide easy credit on reasonable terms to the members.

True

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False

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Solution

The correct option is A
True

True. Credit cooperatives are set up to provide easy credit on reasonable terms to the members.

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Similar questions

Provision of residential accommodation to the members at reasonable rate is the objective of

(a) Producer's cooperative

(b) Consumer's cooperative

(d) Credit cooperative

It is easy to fix responsibility in a formal organisation since mutual relations of the members are clearly defined. State true or false

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