Challenger App

No.1 PSC Learning App

1M+ Downloads
Banks in India are called “Depression Babies”

AUrban Co-operative Banks

BLand Mortgage Banks

CService Co-operative Societies

DNone of these

Answer:

B. Land Mortgage Banks

Read Explanation:

Many Land Mortgage Banks were established during the Great Depression period to support agriculture.


Related Questions:

Large-sized credit societies were reorganized and converted into Service Co-operative Societies on the recommendation of
Which of the following is NOT a co-operative society?
The first co-operative Creamery was established in Denmark in the year .............at Hjedding
NABARD started functioning in
D. G. Karve Commission on Co-operative Principles was appointed by