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Area of operation is a Raiffeisen Bank:

AUnlimited

BLimited

CA village

DOne district

Answer:

C. A village

Read Explanation:

Raiffeisen Banks were founded by Friedrich Wilhelm Raiffeisen to serve rural communities. Their area of operation was usually limited to one village, or in the case of very small villages, two or three villages combined. Purpose: Provide low-interest loans to farmers and villagers and protect them from exploitation by moneylenders. Emphasis was on mutual help, community responsibility, and self-reliance. This contrasts with Schulze-Delitzsch societies, which operated in urban areas with large memberships.


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