Question

The first Urban cooperative Bank started in

• A. Germany
• B. United Kingdom
• C. India
• D. Switzerland

Answer 1

Answer:

A. Germany

URBAN COOPERATIVE BANKS:

• These societies are established to provide cheaper credit to small traders, employees, artisans and middle class people living in urban area

• First Urban cooperative Bank started in Germany 

• Schulze Delitzch are the Father and Founder of urban cooperative Movement