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With reference to the National Conference of Rural Co-operative Banks, consider the following statements:
1. There are about 8.5 lakh cooperative societies in the country, out of which there are 1.78 lakh different types of credit societies.
2. In the field of agricultural credit, there are 34 state cooperative banks with more than 2,000 branches.
Which of the statements given above is/are correct?
  • a)
    1 only
  • b)
    2 only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
With reference to the National Conference of Rural Co-operative Banks,...
Union Home and Cooperation Minister Amit Shah addressed the National Conference of Rural Co-operative Banks in New Delhi.
  • Shri Amit Shah also presented awards to outstanding State Co-operative Banks, District Central Co-operative Banks and Primary Agricultural Credit Societies (PACS).
  • The Union Home and Cooperation Minister said there are about 8.5 lakh cooperative societies in the country, out of which there are 1.78 lakh different types of credit societies.
  • In the field of agricultural credit, there are 34 state cooperative banks with more than 2,000 branches, 351 district cooperative banks with 14,000 branches and about 95,000 PACS.
Hence both statements are correct.
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With reference to the National Conference of Rural Co-operative Banks, consider the following statements:1. There are about 8.5 lakh cooperative societies in the country, out of which there are 1.78 lakh different types of credit societies.2. In the field of agricultural credit, there are 34 state cooperative banks with more than 2,000 branches.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?
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With reference to the National Conference of Rural Co-operative Banks, consider the following statements:1. There are about 8.5 lakh cooperative societies in the country, out of which there are 1.78 lakh different types of credit societies.2. In the field of agricultural credit, there are 34 state cooperative banks with more than 2,000 branches.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about With reference to the National Conference of Rural Co-operative Banks, consider the following statements:1. There are about 8.5 lakh cooperative societies in the country, out of which there are 1.78 lakh different types of credit societies.2. In the field of agricultural credit, there are 34 state cooperative banks with more than 2,000 branches.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the National Conference of Rural Co-operative Banks, consider the following statements:1. There are about 8.5 lakh cooperative societies in the country, out of which there are 1.78 lakh different types of credit societies.2. In the field of agricultural credit, there are 34 state cooperative banks with more than 2,000 branches.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.
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