Which of the following is the most accurate analytical reason why European co‑operative credit models (Raiffeisen/Schulze‑Delitzsch) needed adaptation before being applied in India?
AThe European models were too centralized for the decentralized Indian economy.
BEuropean co-operatives focused on profit maximization, which was incompatible with Indian social values.
CIndian agricultural practices were significantly more advanced than those in 19th-century Europe, requiring a different approach.
DEuropean models were built for industrial wage‑earners, while Indian context was predominantly small farmers and informal sector