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Central Co - operative Banks
  • a)
    Serve as the connecting links between State Co-operative Banks and Primary Credit Societies
  • b)
    Finance the Primary Credit Societies balance the excess and deficiency in their resources but do little commercial banking
  • c)
    Are closer to the Primary Societies than an Apex Bank 
  • d)
    All of the above
  • e)
    None of the above
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Central Co - operative Banksa)Serve as the connecting links between St...
  • The Central Co - operative Banks occupies a unique place in the three tier credit system. In the three tier system the central bank occupying the middle place, provides a connecting link between the lower (Primary Credit Societies) and the higher units (State Co-operative societies).
  • The problems of lower units are conveyed to the higher units and the solutions, suggestions offered by the higher units are transmitted to the lower units in turn. By this process a central bank acts as a mediator to the primary societies and state co - operative bank.
  • It finances the lower units– Primary Credit Societies for different purposes in the time of resource deficiency however involves less in commercial banking. As an intermediary, the central cooperative banks are closer to the primary societies than an Apex Bank being more close to the needs of the local people of the society.
  • Hence 1, 2, and 3 statement are correct. 
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Central Co - operative Banksa)Serve as the connecting links between State Co-operative Banks and Primary Credit Societiesb)Finance the Primary Credit Societies balance the excess and deficiency in their resources but do little commercial bankingc)Are closer to the Primary Societies than an Apex Bankd)All of the abovee)None of the aboveCorrect answer is option 'D'. Can you explain this answer?
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Central Co - operative Banksa)Serve as the connecting links between State Co-operative Banks and Primary Credit Societiesb)Finance the Primary Credit Societies balance the excess and deficiency in their resources but do little commercial bankingc)Are closer to the Primary Societies than an Apex Bankd)All of the abovee)None of the aboveCorrect answer is option 'D'. Can you explain this answer? for Banking Exams 2025 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about Central Co - operative Banksa)Serve as the connecting links between State Co-operative Banks and Primary Credit Societiesb)Finance the Primary Credit Societies balance the excess and deficiency in their resources but do little commercial bankingc)Are closer to the Primary Societies than an Apex Bankd)All of the abovee)None of the aboveCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Banking Exams 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Central Co - operative Banksa)Serve as the connecting links between State Co-operative Banks and Primary Credit Societiesb)Finance the Primary Credit Societies balance the excess and deficiency in their resources but do little commercial bankingc)Are closer to the Primary Societies than an Apex Bankd)All of the abovee)None of the aboveCorrect answer is option 'D'. Can you explain this answer?.
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