Question

Rural credit provided by cooperative societies suffers from the problem of undue delays.

• A. True
• B. False

Answer 1

The correct option is A True

Rural credit provided by cooperative societies suffers from the problem of undue delays- 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.