Question

Those societies established in town areas to provide cheaper credit to small traders, employees, artisans and middle class people for non-agricultural purposes are called

• A. Agricultural Credit Societies
• B. Non Agricultural Credit Societies
• C. Urban Cooperative Banks
• D. Consumer Cooperative Societies

Answer 1

Answer:

B. Non Agricultural Credit Societies

Non Agricultural Credit Societies:

These societies are established in town areas to provide cheaper credit to small traders, employees, artisans and middle class people for non-agricultural purposes. 

1. Urban Cooperative Banks

2. Employees Credit Societies

3. Housing Societies