Question

The role of cooperative banks in Kerala's financial ecosystem is particularly significant because they:

• A. Focus primarily on urban development and industrial financing
• B. Operate with a centralized structure, limiting local autonomy
• C. Provide a dense network of branches and credit access to rural populations
• D. Are primarily funded by international financial institutions

Answer 1

Answer:

C. Provide a dense network of branches and credit access to rural populations

• Kerala's cooperative sector is one of the strongest in India, providing a robust, decentralized financial network that offers banking services, credit, and savings facilities to a large section of the rural population, thereby fostering financial inclusion.