Indian cooperative credit structure: Central Co-operative Banks are directly connected with which tier? Identify the institutions with which district-level Central Co-operative Banks primarily interface.
General Knowledge
Indian Economy
Difficulty: Easy
Choose an option
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AState Co-operative Banks (apex banks)
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BPrimary Agricultural Credit Societies (PACS) at the village level
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CCommercial scheduled banks
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DRegional Rural Banks only
Answer
Correct Answer: Primary Agricultural Credit Societies (PACS) at the village level
Explanation
Three-tier structureState Co-operative Bank (state/apex) → Central Co-operative Bank (district) → Primary Agricultural Credit Societies (village).
Direct touchCCBs deal directly with PACS for lending, refinance, and supervision.
Final AnswerPrimary Agricultural Credit Societies (PACS) at the village level