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What distinguishes cooperative banks from commercial banks in terms of ownership?a)Cooperative banks are owned by shareholders for profit.b)Cooperative banks are owned by members who are also customers.c)Cooperative banks are government-owned entities.d)Cooperative banks have no specific ownership structure.Correct answer is option 'B'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What distinguishes cooperative banks from commercial banks in terms of ownership?a)Cooperative banks are owned by shareholders for profit.b)Cooperative banks are owned by members who are also customers.c)Cooperative banks are government-owned entities.d)Cooperative banks have no specific ownership structure.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What distinguishes cooperative banks from commercial banks in terms of ownership?a)Cooperative banks are owned by shareholders for profit.b)Cooperative banks are owned by members who are also customers.c)Cooperative banks are government-owned entities.d)Cooperative banks have no specific ownership structure.Correct answer is option 'B'. Can you explain this answer?.

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