What is the main objective of co-operative banks in India?

Co-operative Banks in India Quiz

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Education
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University
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Medium
Sneha Ranganath
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25 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Profit maximization
Serving the rural and agricultural sectors
Financing industrial sectors
Investing in the stock market
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is the apex body of cooperative credit institutions in India?
Reserve Bank of India (RBI)
National Bank for Agriculture and Rural Development (NABARD)
Securities and Exchange Board of India (SEBI)
Indian Banks' Association (IBA)
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In India, co-operative banks are regulated by which of the following?
Ministry of Finance
Reserve Bank of India (RBI) and the state governments
Securities and Exchange Board of India (SEBI)
National Stock Exchange (NSE)
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Co-operative banks in India function under which Act?
Banking Regulation Act, 1949
Companies Act, 2013
Reserve Bank of India Act, 1934
Cooperative Societies Act
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following types of co-operative banks operate at the state level in India?
Primary Co-operative Banks
State Co-operative Banks (StCBs)
Urban Co-operative Banks
Central Co-operative Banks
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which is the first urban cooperative bank in India to get a banking license from the Reserve Bank of India?
Punjab and Maharashtra Co-operative Bank
Saraswat Co-operative Bank
Cosmos Co-operative Bank
Shamrao Vithal Co-operative Bank
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What distinguishes co-operative banks from commercial banks in India?
Co-operative banks do not provide loans
Co-operative banks work on the principle of profit-sharing and mutual help
Co-operative banks are privately owned
Co-operative banks operate only in urban areas
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