Question

Who is considered as the Father and Founder of Urban Cooperative Movement ?

• A. Roeliff Jansen
• B. Schulze Delitzch
• C. Friedrich Raiffeisen
• D. Hermann Schulze-Delitzsch

Answer 1

Answer:

B. Schulze Delitzch

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