Module: General Practice
Q23: What distinguishes co-operative banks in terms of ownership and membership?
✅ Correct Answer: C
Owned by members who are also customers.
Co-operative banks belong to their members, who are simultaneously the owners and customers, a model that supports the grassroots Banking Structure in India.
Co-operative banks belong to their members, who are simultaneously the owners and customers, a model that supports the grassroots Banking Structure in India.