Question

The share of cooperative credit institutions in the total institutional credit shifted from 44% in 1990-91 to ______ in 2014-15.

• A. 25%
• B. 55%
• C. 32%
• D. 16%

Answer 1

The correct option is D 16%

The share of cooperative credit institutions in the total institutional credit shifted from 44% in 1990-91 to 16% in 2014-15Cooperative credit institutions have covered only 65% of the rural population.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.