Question

The first District Co-operative Bank was set up at

• A. A) Ajmer in Rajasthan
• B. Chennai in Tamil Nadu
• C. Travancore in Kerala
• D. Mumbai in Maharashtra

Answer 1

Answer:

A. A) Ajmer in Rajasthan

The first District Cooperative Bank in India was established in Ajmer, Rajasthan, in 1920. These banks were set up to provide short-term and long-term credit to farmers and promote cooperative credit at the district level.