Question

As per the provision of 1912 Act, the 1st full fledged central cooperative bank started in which district ?

• A. Raipur
• B. Bhopal
• C. Nagpur
• D. Jabalpur

Answer 1

Answer:

D. Jabalpur

DCB - District Cooperative Bank:

• In Cooperative Credit Societies Act 1904 - No provision of central cooperative Banks or unions. 

• A new act passed in the year 1912 permitted to registration of central cooperative bank .

• 1st full fledged central cooperative bank as per provision of 1912 Act was started 

• started Jabalpur district - former central province. 

Area of operation: Bea Revenue District