Question

The main objective of cooperative banks is to provide financial assistance to ............................

• A. Large corporations
• B. The common man, especially rural people
• C. Foreign investors
• D. Urban businesses

Answer 1

Answer:

B. The common man, especially rural people

Co-operative Banks

• The working principle of co-operative banks is 'co-operation, self-help and mutual aid'.

• The main objective of Co-operative Bank is to provide financial assistance to the common man especially the rural people.